Why is Lotus Eye Hospit falling/rising?

As of 03-Nov, Lotus Eye Hospital & Institute Ltd is experiencing a price increase, currently at Rs 130.35, which reflects a rise of Rs 6.2 or 4.99%. The stock has shown strong performance today, outperforming its sector by 3.61% and has been on a consecutive gain streak for the last three days, accumulating a total return of 9.86% during this period. Despite opening lower with a loss of 2.01%, the stock reached an intraday high of Rs 130.35. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 38.99% compared to the 5-day average, suggesting growing interest in the stock.
In the broader market context, Lotus Eye Hospital has significantly outperformed the benchmark Sensex over various time frames, including a 7.86% gain over the past week while the Sensex declined by 0.94%. Year-to-date, the stock has surged by 89.38%, compared to the Sensex's 7.47% increase, highlighting its strong relative performance. This robust growth trajectory, coupled with rising investor interest and liquidity, supports the stock's upward movement despite the initial dip at market open. The absence of any negative factors in the provided data further reinforces the positive sentiment surrounding the stock.