Why is Vipul Ltd falling/rising?

As of 12-Nov, Vipul Ltd's stock price is currently at 9.94, reflecting an increase of 0.61 or 6.54%. The stock has shown a strong performance recently, gaining 17.08% over the last two days and outperforming its sector by 7.09%. In terms of returns, Vipul Ltd has experienced a 14.25% increase over the past week and a 10.44% increase over the past month, although it remains significantly down 58.13% year-to-date and 65.58% over the past year. The stock's moving averages indicate it is performing better than the 5-day, 20-day, 50-day, and 100-day averages, although it is still below the 200-day average. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 87.89% compared to the 5-day average, indicating heightened interest in the stock.
In the broader market context, Vipul Ltd's recent short-term performance has significantly outpaced the benchmark Sensex, which has only risen by 1.21% over the past week and 2.38% over the past month. Despite its strong short-term gains, the stock's long-term performance remains concerning, with substantial declines over the year and three-year periods compared to the Sensex's positive returns. This contrast highlights the volatility and potential recovery phase of Vipul Ltd, as it attempts to regain investor confidence amidst a challenging overall market environment.