Why is Bandaram Pharma falling/rising?

As of 06-Nov, Bandaram Pharma Packtech Ltd is experiencing a rise in its stock price, currently at Rs 26.65, reflecting an increase of Rs 2.21 or 9.04%. The stock has shown a strong performance today, outperforming its sector by 12.22% and has been on a consecutive gain streak for the last three days, accumulating a total return of 14.23% during this period. Despite a wide intraday trading range of Rs 3.19 and high volatility of 6.33%, the stock has been trading above its 5-day moving average, although it remains below the longer-term moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 388.28% compared to the 5-day average, indicating heightened interest in the stock.
In the broader market context, the stock's short-term return of +10.54% over the past week contrasts sharply with the Sensex, which has declined by 1.30% during the same period. However, the stock's longer-term performance remains concerning, with a year-to-date decline of 39.98% and a one-year drop of 44.49%, while the Sensex has gained 6.62% and 3.65% respectively. The medical equipment sector, to which Bandaram Pharma belongs, has also faced challenges, evidenced by a sector decline of 3.23%. Overall, while the stock is currently rising, its long-term performance and sector challenges suggest a complex situation for investors.