Why is Kobo Biotech falling/rising?

As of 28-Oct, Kobo Biotech Ltd is experiencing a price increase, currently at 3.41, which reflects a change of 0.16 or 4.92% upward. The stock has shown strong performance, gaining 42.68% over the last nine consecutive days and outperforming its sector by 5.42% today. Additionally, it has demonstrated significant returns over the past week and month, with increases of 20.92% and 48.26%, respectively. The stock is trading above its moving averages across various time frames, indicating a bullish trend. Furthermore, there has been a notable rise in investor participation, with delivery volume increasing by 38.95% against the five-day average, suggesting heightened interest in the stock. There are no available positive or negative factors to further elaborate on the stock's recent movement.
In the broader market context, Kobo Biotech's short-term performance significantly outpaces the benchmark, the Sensex, which has only increased by 0.24% over the past week and 5.22% over the past month. This stark contrast highlights the stock's strong momentum relative to the overall market. While the stock has underperformed over the longer three and five-year periods, its recent gains indicate a potential turnaround or renewed investor confidence, particularly in the short term.