Why is Kobo Biotech falling/rising?

As of 16-Sep, Kobo Biotech Ltd's stock price is currently at Rs. 2.32, reflecting an increase of Rs. 0.11 or 4.98%. The stock has recently outperformed its sector by 4.48%, despite hitting a new 52-week low of Rs. 2.14 earlier in the day. While the stock has shown a positive movement today, it has experienced a decline of 4.53% over the past month and a significant drop of 18.60% over the past year. Additionally, the stock's delivery volume has decreased dramatically by 78.07% compared to the 5-day average, indicating falling investor participation. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movements.
In the broader market context, Kobo Biotech's short-term performance over the past week shows a return of +1.75%, which is slightly better than the Sensex's return of +1.58%. However, the stock's longer-term performance is concerning, as it has underperformed the benchmark significantly over the past month and year, with declines of 4.53% and 18.60%, respectively, compared to the Sensex's gains. This disparity highlights the challenges faced by Kobo Biotech in maintaining investor confidence and market traction, especially in light of its substantial losses over the past three and five years.