Why is Eiko Lifescience falling/rising?

As of 06-Nov, Eiko Lifesciences Ltd's stock price is currently at Rs 57.49, reflecting a decline of Rs 4.54 or 7.32%. The stock has recently experienced a trend reversal, falling after four consecutive days of gains. Although it opened with a gain of 3.58% today and reached an intraday high of Rs 64.25, it also touched a low of Rs 57.03, indicating high volatility with an intraday fluctuation of 5.95%. The stock has outperformed the sector over the past week and month, with returns of +9.13% and +12.24%, respectively, but it has underperformed today by 6.49%. Additionally, Eiko Lifesciences is trading above all its moving averages, and there has been a significant increase in investor participation, with delivery volume rising by 408.71% compared to the five-day average.
In the broader market context, while Eiko Lifesciences has shown strong short-term performance relative to the Sensex, which declined by 1.30% over the past week, its year-to-date performance is negative at -8.37%, contrasting with the Sensex's positive return of +6.62%. This suggests that despite recent gains, the stock is struggling to maintain momentum in the longer term. The combination of high volatility, a recent trend reversal, and the stock's underperformance today may be contributing to the current price decline, despite the positive indicators of increased trading volume and relative outperformance in the short term.