Why is Vineet Laborator falling/rising?

As of 20-Oct, Vineet Laboratories Ltd is experiencing a price increase, with its current price at Rs 41.69, reflecting a rise of 1.18 or 2.91%. The stock has been gaining momentum, having outperformed its sector by 2.23% today and achieving a consecutive gain over the last two days, with a total return of 6.52% in this period. Additionally, it opened with a gap up of 6.52% and reached an intraday high of Rs 43.46, which is a 7.28% increase. However, it is important to note that the stock's performance over the past week shows a slight decline of -0.14%, and its year-to-date return is significantly negative at -33.14%. The delivery volume has also decreased by -38.28% compared to the 5-day average, indicating falling investor participation.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 2.47% over the past week, Vineet Laboratories' short-term performance has lagged behind, despite its recent gains. The stock has shown a positive return of 20.84% over the past month, outperforming the Sensex's 2.10% increase during the same period. However, the stock's longer-term performance remains concerning, with a year-over-year decline of -29.79% compared to the Sensex's modest gain of 3.86%. This context suggests that while Vineet Laboratories is currently experiencing a rise in price, its overall performance remains under pressure when viewed against broader market trends.