Why is Looks Health falling/rising?

As of 11-Jul, Looks Health Services Ltd is experiencing a significant rise in its stock price, currently at Rs. 6.60, which reflects an increase of Rs. 1.1 or 20.0%. The stock has recently hit a new 52-week high and has outperformed its sector by 21%. It has shown a strong performance over the last two days, gaining 33.87% in this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The recent surge in delivery volume, which increased by over 1000% compared to the 5-day average, suggests rising investor participation, contributing to the stock's upward momentum. There are no specific positive or negative factors available to further explain the stock's movement.
In the broader market context, Looks Health has significantly outperformed the benchmark index, Sensex, with a weekly return of +35.25% compared to the Sensex's -1.12%. Over the past month, the stock has also shown a strong return of +32.26%, while the Sensex remained nearly flat at -0.02%. This stark contrast in performance highlights the stock's robust growth relative to the broader market, reinforcing the positive sentiment among investors.