Why is Nexus Surgical falling/rising?

As of 27-Oct, Nexus Surgical and Medicare Ltd's stock is rising, currently priced at Rs 18.50, reflecting an increase of Rs 1.02 or 5.84%. The stock has shown strong performance today, outperforming its sector by 5.56% and achieving a consecutive gain over the last two days with a total return of 10.12%. Additionally, it has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The stock has also experienced a significant increase in investor participation, with delivery volume rising by 220.09% compared to the 5-day average, suggesting heightened interest and confidence among investors.
In the broader market context, Nexus Surgical's short-term return of 12.80% over the past week significantly outpaces the Sensex's modest gain of 0.49%. While the stock has struggled year-to-date with a decline of 33.16%, its one-year return of 10.45% is favorable compared to the Sensex's 6.77%. This indicates that despite previous challenges, the recent upward momentum may be attracting investors looking for recovery potential, particularly in light of the stock's strong performance relative to both its sector and the broader market.