Why is Lactose (India) falling/rising?

As of 14-Nov, Lactose (India) Ltd is experiencing a price increase, currently at 115.00, which reflects a rise of 7.1 or 6.58%. The stock has shown positive momentum, gaining 7.28% over the last two days, despite opening with a loss of 2.55% today. It reached an intraday high of Rs 118, indicating strong upward movement during the trading session. However, the stock has been volatile, with an intraday volatility of 7.24%, and it has traded in a wide range of Rs 15.95. In terms of performance against benchmarks, the stock has outperformed its sector by 6.12%, but its year-to-date return remains significantly negative at -46.73%. Additionally, there has been a decline in investor participation, with delivery volume falling by 36.13% against the 5-day average, which may impact future price movements.
Broader Market Context: In the short term, Lactose (India) Ltd has outperformed the Sensex, which has only increased by 1.62% over the past week, while Lactose has risen by 5.94%. However, over the longer term, the stock's performance has lagged behind the benchmark, with a year-to-date decline of -46.73% compared to the Sensex's gain of 8.22%. This disparity highlights the challenges faced by Lactose in maintaining investor confidence despite recent gains. Overall, while the stock is currently rising, its long-term performance and declining investor participation suggest caution among investors.