Why is Kobo Biotech falling/rising?

As of 16-Oct, Kobo Biotech Ltd's stock price is currently at 2.52, reflecting an increase of 0.07 or 2.86%. The stock has shown a positive trend recently, gaining 5.44% over the last two days and outperforming its sector by 2.02%. Additionally, the stock has experienced a notable increase in investor participation, with delivery volume rising by 22.34% compared to the 5-day average. In terms of performance against benchmarks, the stock has increased by 9.57% over the past week, significantly outpacing the Sensex's 1.58% gain, although it has a negative return of 12.20% over the past year.
Broader Market Context: The broader market context shows that while Kobo Biotech has been performing well in the short term, it has struggled over longer periods, with a 49.60% decline over the past three years compared to a 44.11% increase in the Sensex. This indicates that despite recent gains, the stock has not recovered from significant losses in the past. The current liquidity of the stock is adequate for trading, suggesting that the recent upward movement may be supported by increased investor interest, although no specific positive or negative factors were provided to further explain the stock's recent performance.