Why is Zenlabs Ethica falling/rising?

As of 01-October, Zenlabs Ethica Ltd's stock price is currently at Rs 31.45, reflecting an increase of Rs 1.92, or 6.5%. Today, the stock opened with a significant gain of 8.36% and reached an intraday high of Rs 32. Despite this positive movement, the stock has underperformed over the past week, month, and year, with returns of -3.44%, -3.35%, and -26.36% respectively. Additionally, while the stock is trading below its moving averages, there has been a notable increase in investor participation, with delivery volume rising by 10.82% against the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader market context indicates that Zenlabs Ethica has been struggling compared to the benchmark, the Sensex, which has shown a slight gain of 0.77% over the past month. In the short term, while the stock has outperformed its sector today by 6.01%, its year-to-date performance remains significantly lower than the Sensex, which has gained 3.64%. This contrast highlights the challenges Zenlabs Ethica faces in regaining investor confidence and improving its overall market standing.