Why is Spenta Intl. falling/rising?

As of 12-Nov, Spenta International Ltd's stock price is currently at 103.45, reflecting an increase of 3.5, or 3.5%. The stock has shown a strong performance today, outperforming its sector by 1.94% and reaching an intraday high of Rs 119.9, which is a significant rise of 19.96%. However, the stock has also experienced high volatility, with an intraday volatility of 9.07%. Despite this positive movement, the stock's delivery volume has decreased significantly, falling by 89.22% compared to the 5-day average, indicating a decline in investor participation. Over the past week, the stock has gained 8.72%, but it remains down 0.53% over the past month and has seen a substantial decline of 34.94% year-to-date.
In the broader market context, the Sensex has increased by 1.21% over the past week and 2.38% over the past month, suggesting that while Spenta International Ltd has outperformed the benchmark in the short term, it has underperformed in the longer term, with a year-to-date decline of 34.94% compared to the Sensex's gain of 8.10%. This contrast highlights the stock's recent volatility and the challenges it faces despite today's positive movement. The overall market conditions appear to be more favorable than the stock's performance, which may contribute to the mixed sentiment among investors.