Why is Hind.Bio Science falling/rising?

As of 24-Sep, Hindustan Bio Sciences Ltd is experiencing a price increase, with its current price at 8.47, reflecting a change of 0.04 (0.47%) upward. The stock has been gaining for the last four days, accumulating a total return of 5.74% during this period. Additionally, it has outperformed its sector by 0.92%. The stock's delivery volume has significantly increased, rising by 230.12% against the 5-day average, indicating rising investor participation. While the stock is currently above its 5-day and 20-day moving averages, it remains below its longer-term moving averages, suggesting a mixed technical outlook. The year-to-date performance shows a decline of 17.04%, but the stock has demonstrated strong growth over the longer term, with a 152.84% increase over three years.
In the broader market context, the Sensex has declined by 1.18% over the past week, while Hindustan Bio Sciences Ltd has increased by 5.22%, highlighting its relative strength against the benchmark. Over the past month, the stock has also outperformed the Sensex, which has gained only 0.50%. This indicates that despite the overall market challenges, Hindustan Bio Sciences Ltd is attracting investor interest and showing resilience. The stock's liquidity is adequate for trading, further supporting its recent price movements.