Why is JHS Sven.Lab. falling/rising?

As of 06-Oct, JHS Svendgaard Laboratories Ltd's stock price is rising, currently at 11.66, reflecting an increase of 0.55 or 4.95%. The stock has outperformed its sector by 4.78% today. It is trading higher than its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages. Despite this positive movement, the stock has shown a significant decline year-to-date, down 46.19%, and has experienced a 57.71% drop over the past year. Additionally, there has been a decrease in investor participation, with delivery volume falling by 12.55% against the 5-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, JHS Svendgaard's short-term performance over the past week shows a return of +7.96%, significantly outperforming the Sensex, which has only increased by 1.77%. However, the stock's longer-term performance remains concerning, with negative returns over the past month, year-to-date, and year, contrasting sharply with the Sensex's positive returns in those periods. This disparity highlights the challenges the company faces in regaining investor confidence despite the recent uptick in price.