Why is Eiko Lifescience falling/rising?

As of 04-Nov, Eiko Lifesciences Ltd is experiencing a significant rise in its stock price, currently at 62.03, reflecting an increase of 4.59 or 7.99%. The stock has shown strong performance today, outperforming its sector by 7.96% and has been on a consecutive gain streak for the last four days, accumulating a total return of 22.4% during this period. It opened with a gain of 4.28% and reached an intraday high of Rs 64.44, indicating robust trading activity. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. Notably, there has been a significant increase in investor participation, with delivery volume rising by 144.21% compared to the 5-day average, contributing to the stock's upward momentum. The "Positive and Negative Factors" section is unavailable, but the current data indicates a favorable environment for the stock.
Broader market context shows that Eiko Lifesciences has outperformed the benchmark Sensex in the short term, with a 1-week return of +21.51% compared to the Sensex's -1.38%. This stark contrast highlights the stock's strong performance relative to the broader market, particularly in the recent week. While the stock has had a year-to-date return of -1.13%, it has still managed to outperform the benchmark over the past week, indicating a potential shift in investor sentiment and market dynamics favoring Eiko Lifesciences at this time.