Why is IVP falling/rising?

As of 23-Jul, IVP Ltd's stock price is currently at Rs 191.15, reflecting an increase of Rs 5.35 or 2.88%. The stock has shown a positive trend today, outperforming its sector by 3.19% and reversing a two-day decline. It reached an intraday high of Rs 191.7, indicating strong buying interest. Over the past week, the stock has gained 2.88%, while its one-month performance shows a more substantial increase of 7.63%. Despite a year-to-date decline of 8.72%, the company has demonstrated healthy long-term growth with an annual operating profit increase of 42.85%. However, it has faced challenges, including a 7.9% drop in profits over the past year and a consistent underperformance against benchmarks over the last three years.
In the broader market context, the Sensex has only increased by 0.11% over the past week, highlighting IVP Ltd's stronger short-term performance relative to the market. While the stock has shown resilience in the short term, it has struggled with a negative return of -0.42% over the past year, indicating ongoing concerns among investors. The stock's attractive valuation compared to peers and rising investor participation may contribute positively to its recent price movement, but the overall underperformance and flat results in the previous quarter raise caution among potential investors.