Why is Gufic BioScience falling/rising?

As of 19-Nov, Gufic BioSciences Ltd is experiencing a price increase, currently at 335.05, reflecting a rise of 5.35 (1.62%). The stock has shown a positive performance today, outperforming its sector by 1.55% and achieving a consecutive gain over the last two days with a total return of 6.43%. Additionally, the stock reached an intraday high of Rs 348, indicating strong intraday trading activity. The delivery volume has significantly increased, rising by 335.29% against the 5-day average, suggesting heightened investor interest. However, the stock's performance over the past month shows a decline of 4.72%, and it has a year-to-date drop of 26.05%, indicating some underlying challenges despite the recent gains.
In the broader market context, Gufic BioSciences' short-term return of +1.36% over the past week outperformed the Sensex, which increased by 0.85%. This indicates that while the stock has faced longer-term declines, its recent performance has been relatively strong compared to the benchmark. The stock's moving averages suggest it is currently above the 5-day and 20-day averages but below the longer-term averages, which may indicate a potential for recovery. Overall, while the stock has faced significant challenges in the past year, the recent uptick in price and trading volume reflects a positive shift in investor sentiment.