Why is Nova Agritech falling/rising?

As of 11-Jul, Nova Agritech Ltd's stock price is currently at Rs 54.42, reflecting an increase of Rs 1.22 or 2.29%. Today's price summary indicates that the stock has outperformed its sector by 2.87% and has shown a trend reversal after two consecutive days of decline. Despite opening with a loss of 3.74%, the stock reached an intraday high of Rs 56.75, showcasing a wide trading range of Rs 5.54. However, the stock has experienced a significant drop in delivery volume, falling by 58.2% against the 5-day average, which suggests a decrease in investor participation. The company maintains a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 0.59 times, and an attractive valuation with a Return on Capital Employed (ROCE) of 16.7. Nevertheless, the stock has generated a negative return of 19.85% over the past year, coinciding with a 3% decline in profits.
In the broader market context, Nova Agritech's short-term performance has been notably better than the benchmark, with a 10.77% increase over the past week compared to a 1.12% decline in the Sensex. Over the past month, the stock has also outperformed the benchmark, gaining 1.32% while the Sensex remained flat. However, year-to-date, the stock has underperformed significantly, with a decline of 11.63% against a 5.58% increase in the Sensex. This contrast highlights the stock's volatility and the challenges it faces despite recent positive movements, particularly in the context of broader market trends.