Why is JHS Sven.Lab. falling/rising?

As of 17-Oct, JHS Svendgaard Laboratories Ltd's stock price is currently at 12.76, reflecting an increase of 0.27 or 2.16%. The stock has shown strong performance recently, gaining 16.32% over the last four days and outperforming its sector by 0.99% today. Additionally, the stock has outperformed the benchmark Sensex over the past week and month, with returns of 13.12% and 15.79%, respectively. The stock's delivery volume has also seen a significant rise, increasing by 864.33% against the 5-day average, indicating heightened investor interest. However, the stock's year-to-date and one-year performance remains negative, with declines of 41.12% and 52.95%, respectively, suggesting that while there is recent upward momentum, the stock has faced substantial challenges over a longer period.
In the broader market context, JHS Svendgaard Laboratories Ltd has outperformed the Sensex in the short term, particularly over the past week and month, where the benchmark has only returned 1.76% and 1.52%, respectively. This indicates that the stock's recent gains are notable compared to the overall market performance. Despite the positive short-term trends, the stock's long-term performance remains concerning, as it has significantly underperformed the Sensex over the year and three-year periods. This juxtaposition highlights a potential recovery phase for the stock, driven by increased investor participation and positive short-term returns, while still grappling with a challenging overall market backdrop.