Why is HVAX Technolog. falling/rising?

As of 23-Sep, HVAX Technologies Ltd is experiencing a price increase, with its current price at 937.75, reflecting a rise of 85.25 or 10.0%. The stock has shown strong performance today, outperforming its sector by 10.66%. Additionally, HVAX Technologies has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past week, the stock has gained 23.23%, significantly outpacing the Sensex, which has seen a slight decline of 0.28%. However, there is a noted decrease in investor participation, with delivery volume falling by 61.11% compared to the 5-day average, which could be a concern for future trading activity.
Broader Market Context: In the context of the broader market, HVAX Technologies' year-to-date return of 45.13% stands in stark contrast to the Sensex's 6.45% gain, highlighting the stock's strong performance relative to the benchmark. The stock's short-term performance over the past month has also been favorable, with a return of 9.36% compared to the Sensex's modest increase of 1.20%. This disparity suggests that while the stock is currently on an upward trajectory, the overall market sentiment may not be as robust, potentially impacting future investor confidence and participation.