Why is Nova Agritech falling/rising?

As of 30-Oct, Nova Agritech Ltd's stock price is currently at Rs 48.50, reflecting an increase of Rs 2.79, or 6.1%. The stock has been gaining momentum, having risen 6.97% over the last two days and outperforming its sector by 6.01% today. Despite this positive movement, the stock's year-to-date performance shows a decline of 21.24%, indicating a longer-term struggle. The stock's trading volume has decreased significantly, with a delivery volume drop of 47.85% compared to the 5-day average, which may suggest falling investor participation. Additionally, while the stock is trading above its 5-day and 20-day moving averages, it remains below its longer-term moving averages, indicating mixed technical signals.
In the broader market context, Nova Agritech's short-term performance over the past week shows a gain of 5.11%, contrasting with the Sensex, which has seen a slight decline of 0.18% during the same period. This indicates that the stock is performing relatively well compared to the overall market. However, the stock's year-to-date performance is significantly lagging behind the Sensex's gain of 8.02%, highlighting a challenging environment for the company despite its recent positive price movement. Overall, while there are signs of short-term recovery, the long-term outlook remains cautious due to substantial declines earlier in the year.