Why is Jeevan Scienti. falling/rising?

As of 31-Oct, Jeevan Scientific Technology Ltd is experiencing a price increase, currently at Rs 64.00, which reflects a rise of 0.93 or 1.47%. The stock has been performing well, having gained 7.4% over the last three days and is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock is close to its 52-week high, being only 4.53% away from Rs 66.9. The stock has shown impressive returns over various periods, including an 80.33% increase over the past month, significantly outperforming the Sensex, which has only risen by 3.65% in the same timeframe. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 12.2% compared to the 5-day average.
In the broader market context, Jeevan Scientific Technology Ltd's short-term performance is particularly strong when compared to the Sensex, which has seen a decline of 0.32% over the past week while the stock itself has risen by 6.38%. This indicates that investor sentiment towards Jeevan Scientific is robust, especially in light of its recent gains and liquidity, which is sufficient for trading. Overall, the stock's upward movement can be attributed to strong recent performance metrics, increasing investor interest, and favorable comparisons to the broader market.