Why is Magenta Life falling/rising?

As of 22-Sep, Magenta Lifecare Ltd's stock price is rising, currently at Rs 16.90, reflecting an increase of Rs 2.6 or 18.18%. The stock has outperformed its sector by 19.04% today, opening with a significant gain of 18.18% and reaching an intraday high of Rs 16.90. However, the stock has shown erratic trading patterns, not trading on one day out of the last 20 days, and has experienced a decline in delivery volume by 44.44% against the 5-day average. Despite this, the stock is currently trading above its 5-day and 20-day moving averages, although it remains below its longer-term moving averages. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader Market Context: In the short term, Magenta Lifecare Ltd has demonstrated a strong performance with a weekly return of 18.18%, significantly outpacing the Sensex, which only gained 0.46% during the same period. However, looking at the year-to-date performance, the stock is down 32.40%, contrasting sharply with the Sensex's increase of 5.15%. This indicates that while the stock is currently experiencing a rise, it has struggled significantly over a longer timeframe compared to the broader market.