Why is Nectar Lifesci. falling/rising?

As of 13-Nov, Nectar Lifescience Ltd's stock price is currently at Rs 15.92, reflecting an increase of Rs 1.75, or 12.35%. The stock has shown a positive trend today, gaining after two consecutive days of decline, and has outperformed its sector by 12.14%. It reached an intraday high of Rs 16.52, indicating strong buying interest. Additionally, the stock has experienced a significant increase in delivery volume, rising by 147.96% compared to the five-day average, which suggests heightened investor participation. However, despite today's gains, the stock's year-to-date performance remains poor, with a decline of 59.18%.
Broader Market Context: In the short term, Nectar Lifescience Ltd has outperformed the benchmark Sensex, which has only increased by 1.40% over the past week, while the stock itself has risen by 13.88%. This indicates that the stock's recent performance is significantly stronger than the overall market trend. Despite this positive short-term movement, the stock has struggled over longer periods, with declines of 55.03% over the past year and 59.18% year-to-date, contrasting sharply with the Sensex's gains of 8.74% and 8.11%, respectively. This disparity highlights the stock's volatility and the challenges it faces in recovering from previous losses.