Why is Eiko Lifescience falling/rising?

As of 31-Oct, Eiko Lifesciences Ltd is experiencing a price increase, with its current price at Rs 56.50, reflecting a rise of Rs 3.82 or 7.25%. The stock has shown strong performance today, outperforming its sector by 7.98% and achieving consecutive gains over the last two days, with a total return of 11.48% during this period. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The rising investor participation is also notable, with a delivery volume increase of 50.87% compared to the 5-day average. However, the positive and negative factors dashboard is unavailable, which limits further insights into specific catalysts for this movement.
In the broader market context, Eiko Lifesciences has outperformed the Sensex in the short term, with a 1-week return of +13.16% compared to the benchmark's -0.32%. While the stock has struggled year-to-date with a decline of 9.95%, its recent performance suggests a potential recovery phase, especially in light of the positive short-term trends. The stock's ability to gain traction despite broader market challenges reflects a divergence from the benchmark, indicating that investor sentiment may be shifting favorably towards Eiko Lifesciences.