Why is Natural Biocon falling/rising?

As of 05-Jun, Natural Biocon (India) Ltd is experiencing a price increase, with its current price at 12.06, reflecting a change of 0.57 or 4.96% upward. The stock has shown a positive trend in the last two days, gaining 10.14% during this period. Additionally, it has outperformed its sector by 5.12%. In terms of returns, the stock has increased by 7.10% over the past month, although it has seen a decline of 7.30% year-to-date. The stock is currently trading above its 5-day and 20-day moving averages, indicating a short-term positive momentum, while it remains below its longer-term moving averages. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 98.51% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has only declined by 0.23% over the past week while the stock itself has fallen by 3.37%. However, over the last month, Natural Biocon has outperformed the Sensex, which has gained only 0.80%. This indicates that while the stock has faced challenges year-to-date, its recent gains and increased trading activity may reflect a recovery phase, particularly as investor confidence appears to be rising. Overall, the combination of positive short-term performance and increased liquidity suggests a favorable outlook for Natural Biocon in the current market environment.