Why is HVAX Technolog. falling/rising?

As of 13-Jun, HVAX Technologies Ltd is experiencing a price increase, currently at 940.00, reflecting a rise of 28.0 or 3.07%. The stock has shown strong performance, outperforming its sector by 3.79% today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The stock has also seen a significant increase in investor participation, with a delivery volume of 7.2k on 12 June, which is up by 135.29% compared to the 5-day average. Over the past week, the stock has gained 13.40%, while over the past month, it has surged by 54.61%, significantly outperforming the Sensex, which has only increased by 0.57%.
In the broader market context, HVAX Technologies Ltd's recent performance stands in stark contrast to the Sensex, which has declined by 1.14% over the past week. The stock's year-to-date return of 45.48% also outpaces the Sensex's 4.54% increase, highlighting its strong relative performance. This suggests that investor sentiment towards HVAX Technologies is particularly positive, likely driven by the company's recent developments or market positioning, even though specific positive or negative factors were not detailed in the provided data.