Why is Docmode Health falling/rising?

As of 01-October, Docmode Health Technologies Ltd is experiencing a price increase, with its current price at 78.80, reflecting a rise of 3.75 or 5.0%. The stock has shown strong performance recently, outperforming its sector by 4.48% today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. The stock has also seen a significant increase in investor participation, with delivery volume rising by 59.09% compared to the 5-day average. Over the past week, the stock has surged by 27.30%, while it has gained an impressive 83.04% over the past month, contrasting sharply with the Sensex, which has declined by 0.88% during the same period.
In the broader market context, while Docmode Health has shown remarkable short-term returns, it has underperformed on a year-to-date basis, with a decline of 10.81% compared to the Sensex's gain of 5.04%. This suggests that while the stock is currently on an upward trajectory, it has faced challenges over a longer time frame. The recent positive momentum may be attributed to increased trading activity and favorable technical indicators, which could be attracting more investors despite its past underperformance relative to the benchmark. Overall, the stock's current rise appears to be driven by strong short-term performance and heightened investor interest.