Why is Advanced Enzyme falling/rising?

As of 12-Nov, Advanced Enzyme Technologies Ltd is experiencing a price increase, currently at Rs 331.05, which reflects a rise of Rs 21.15 or 6.82%. The stock has shown a positive trend today, outperforming its sector by 5.74% and marking a reversal after five consecutive days of decline. It reached an intraday high of Rs 348, indicating strong buying interest. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bullish sentiment among investors. The company has reported its highest operating cash flow and net sales in recent quarters, alongside a low debt-to-equity ratio and significant institutional holdings, which contribute to a favorable outlook for the stock.
In the broader market context, Advanced Enzyme's short-term performance over the past week shows a return of +5.51%, significantly outperforming the Sensex, which only gained +1.21% during the same period. However, the stock has underperformed on a year-to-date basis, with a decline of -4.60% compared to the Sensex's +8.10% gain. This contrast highlights the stock's recent recovery amidst a challenging overall performance in the longer term, as evidenced by its -17.59% return over the past year against the Sensex's +7.36%. The rising investor participation and liquidity further support the stock's upward movement, indicating renewed interest and confidence among market participants.