Why is Laxmi Dental falling/rising?

As of 16-Jul, Laxmi Dental Ltd's stock price is currently at 481.05, reflecting an increase of 14.05, or 3.01%. The stock has shown strong performance today, outperforming its sector by 5.58% and achieving a consecutive gain over the last three days with a total return of 12.45%. It reached an intraday high of Rs 488.35, indicating positive momentum. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bullish trend. There has been a notable rise in investor participation, with delivery volume increasing by 257.77% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.
Broader market context shows that Laxmi Dental's performance over the past week has been significantly better than the benchmark Sensex, with a return of +10.05% compared to the Sensex's decline of -1.08%. Over the past month, Laxmi Dental has also outperformed the benchmark, with a return of +12.84% against the Sensex's modest gain of +1.02%. This strong relative performance indicates that investor sentiment towards Laxmi Dental is favorable, especially in contrast to the broader market trends in the Medical Equipment/Supplies/Accessories sector, which has seen a decline of -2.4%.