Why is Kobo Biotech falling/rising?

As of 23-Oct, Kobo Biotech Ltd's stock price is currently at 2.96, reflecting an increase of 0.14 or 4.96%. The stock has been on an upward trend, gaining for the last six days and achieving a total return of 23.85% during this period. Additionally, it has outperformed its sector by 5.5% today. The stock's performance over the past week shows a significant increase of 17.46%, while the one-month return stands at 30.40%. However, there has been a decline in investor participation, with delivery volume dropping by 23.96% against the five-day average, which may indicate a potential concern regarding sustained interest in the stock.
Broader Market Context: The stock's recent performance is notably stronger than the benchmark Sensex, which has only increased by 1.30% over the past week and 2.99% over the past month. This stark contrast highlights Kobo Biotech's robust short-term performance relative to the broader market. Despite the positive returns, the long-term outlook appears mixed, as the stock has underperformed over three and five years compared to the benchmark. This suggests that while the current momentum is favorable, there may be underlying challenges that could affect future performance.