Why is Chennai Meena falling/rising?

As of 24-Oct, Chennai Meenakshi Multispeciality Hospital Ltd's stock price is currently at Rs 56.55, reflecting an increase of Rs 1.8 or 3.29%. The stock has been on an upward trend, gaining for the last six consecutive days and achieving a remarkable 22.24% return during this period. It has outperformed its sector by 4.33% today, with an intraday high of Rs 57.48, although it also experienced a low of Rs 52.15. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 58.64% compared to the 5-day average. The "Positive and Negative Factors" section is unavailable, but the overall performance suggests a strong bullish sentiment among investors.
In the broader market context, Chennai Meenakshi Multispeciality Hospital Ltd has significantly outperformed the benchmark Sensex over various time frames. Over the past week, the stock has risen by 12.20%, while the Sensex has only increased by 0.31%. Similarly, in the past month, the stock's return of 23.96% far exceeds the Sensex's 3.05%. Year-to-date, the stock has gained 34.64% compared to the Sensex's 7.77%, and over the past year, it has achieved a return of 44.52% against the Sensex's 5.18%. This strong relative performance indicates that the stock is not only gaining traction on its own but is also benefiting from favorable market conditions.