Why is Dr Lalchand. Lab falling/rising?

As of 01-Sep, Dr Lalchandani Labs Ltd's stock price is rising, currently at Rs. 26.79, reflecting an increase of Rs. 1.27 or 4.98%. The stock has reached a new 52-week high today and has been on a positive trajectory, gaining 15.13% over the past week and 32.82% over the past month. It has outperformed its sector by 4.12% today, and despite a wide trading range, it has consistently traded above its moving averages across various time frames. However, there has been a slight decline in investor participation, with delivery volume decreasing by 1.96% against the five-day average, which may indicate some caution among investors.
In the broader market context, while Dr Lalchandani Labs Ltd has shown impressive short-term returns, the benchmark Sensex has experienced a decline of 1.56% over the past week. This stark contrast highlights the stock's strong performance relative to the market, as it has significantly outperformed the benchmark not only in the short term but also year-to-date, where it has gained 58.52% compared to the Sensex's 2.85%. Overall, the stock's rising price can be attributed to its strong recent performance and positive momentum, despite some signs of reduced investor participation.