Why is Hamps Bio falling/rising?

As of 01-Sep, Hamps Bio Limited's stock price is currently at 55.46, reflecting an increase of 1.08 or 1.99%. The stock has been on a positive trajectory, gaining for the last three days and achieving a return of 6.06% over the past week, which is significantly higher than the Sensex's decline of 1.56% during the same period. Additionally, the stock has outperformed its sector by 2.02% today. Notably, there has been a substantial increase in investor participation, with delivery volume rising by 275% compared to the five-day average, indicating growing interest in the stock. However, the stock has not traded on one day out of the last 20, which may suggest some erratic trading behavior.
In the broader market context, while Hamps Bio has shown strong short-term returns, it has underperformed on a year-to-date basis with a decline of 32.91%, contrasting with the Sensex's gain of 2.85%. This disparity highlights the stock's volatility and challenges in the longer term, despite its recent positive performance. The stock's current price is also higher than its 5-day, 50-day, 100-day, and 200-day moving averages, although it remains lower than the 20-day moving average, which may indicate mixed signals regarding its momentum. Overall, while the recent gains are encouraging, the stock's long-term performance remains a concern.