Why is Vineet Laborator falling/rising?

As of 22-Sep, Vineet Laboratories Ltd is experiencing a price increase, currently at Rs 36.20, which reflects a rise of 1.7 or 4.93%. The stock has shown a positive trend today, gaining after two consecutive days of decline, and opened with a gain of 2.52%. It outperformed its sector by 6.01% and reached an intraday high of Rs 36.22. Additionally, the stock's delivery volume has significantly increased, rising by 406.35% against the 5-day average, indicating rising investor participation. However, the stock's year-to-date performance remains poor, with a decline of 41.94%, despite recent short-term gains.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 0.46% over the past week, Vineet Laboratories has outperformed with a return of 3.72%. While the stock has shown some recovery in the short term, its long-term performance remains concerning, with a decline of 41.94% year-to-date compared to the Sensex's gain of 5.15%. This disparity highlights the stock's volatility and the challenges it faces in regaining investor confidence despite today's positive movement.