Why is Auro Labs. falling/rising?

As of 16-Jul, Auro Laboratories Ltd is experiencing a price increase, currently at Rs 299.00, which reflects a rise of Rs 6.9 or 2.36%. The stock has shown strong performance recently, gaining 12.83% over the last three days and is only 0.33% away from its 52-week high of Rs 300. Despite opening with a loss of 2.82% today, the stock reached an intraday high of Rs 299 and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 53.62% against the 5-day average, indicating heightened interest in the stock.
In the broader market context, Auro Laboratories Ltd has significantly outperformed the benchmark Sensex, which has declined by 1.08% over the past week while the stock itself has risen by 12.32%. Over the past month, Auro Labs has also outperformed the Sensex, gaining 11.07% compared to the benchmark's 1.02% increase. This strong relative performance highlights the stock's resilience and attractiveness to investors, contributing to its upward price movement despite some volatility during the trading day.