Why is IVP falling/rising?

As of 24-Jul, IVP Ltd's stock price is currently at Rs 196.00, reflecting an increase of Rs 4.85 or 2.54%. The stock has shown strong performance recently, outperforming its sector by 2.69% today and achieving a consecutive gain over the last two days with a total return of 5.49%. Additionally, IVP has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Despite a year-to-date decline of 6.40% against a 5.18% rise in the Sensex, the stock has generated a modest return of 1.24% over the past year, although its profits have decreased by 7.9%. The company has demonstrated healthy long-term growth with an annual operating profit increase of 42.85%, and it is currently trading at a discount compared to its peers.
In the broader market context, IVP's short-term performance has been notably better than the Sensex, which has seen a slight decline of 0.09% over the past week while IVP has risen by 5.09%. This indicates that investor sentiment towards IVP is relatively strong despite some underlying financial challenges, such as a flat result in March and a decrease in PAT growth. The rising investor participation, evidenced by a significant increase in delivery volume, suggests growing confidence in the stock. However, concerns remain regarding its profitability metrics, including a low return on capital employed (ROCE) and a declining debtors turnover ratio, which could impact future performance.