Why is Guj. Terce Labs. falling/rising?

As of 10-Oct, Gujarat Terce Laboratories Ltd is experiencing a significant rise in its stock price, currently at Rs 49.82, reflecting an increase of 7.61 or 18.03%. The stock has shown a strong performance today, outperforming its sector by 17.94% and reversing a trend after two consecutive days of decline. It reached an intraday high of Rs 50.65, indicating a robust upward movement. Additionally, the stock has demonstrated impressive returns over the past week and month, with increases of 10.64% and 23.93%, respectively, although it remains down 41.25% year-to-date. The rising investor participation, as evidenced by a 126.26% increase in delivery volume, suggests growing confidence among investors, contributing positively to the stock's recent movement.
In the broader market context, Gujarat Terce Laboratories Ltd's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 1.59% over the past week and 1.32% over the past month. This stark contrast highlights the stock's strong recovery and investor interest despite its year-to-date decline. The stock's volatility, with an intraday fluctuation of 8.16%, indicates active trading and investor engagement, further supporting its upward trajectory. Overall, while the stock has faced challenges in the longer term, its recent performance reflects a positive shift in market sentiment and investor activity.