Why is Dr Lalchand. Lab falling/rising?

As of 02-September, Dr Lalchandani Labs Ltd is experiencing a price increase, with its current price at Rs. 27.35, reflecting a rise of 0.56 (2.09%). The stock has recently hit a new 52-week high of Rs. 27.5 and has been on a positive trend, gaining for the last four days and achieving a remarkable 17.53% return over this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. There has also been a significant increase in investor participation, with delivery volume rising by 150% against the 5-day average, suggesting heightened interest and confidence in the stock.
In the broader market context, Dr Lalchandani Labs Ltd has outperformed the Sensex, which has seen a decline of 0.78% over the past week, while the stock itself has surged by 17.53%. This stark contrast highlights the stock's strong performance relative to the benchmark. Year-to-date, the stock has gained 61.83%, significantly outpacing the Sensex's modest increase of 2.58%. Overall, the combination of strong recent performance, increased investor participation, and favorable comparisons to the broader market contributes to the stock's rising price.