Why is Resgen falling/rising?

As of 17-Sep, Resgen Ltd's stock price is currently at Rs 94.50, reflecting an increase of Rs 1.91 or 2.06%. The stock has been on an upward trend, gaining for the last six days and achieving a total return of 8.62% during this period. It has outperformed its sector by 1.69% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a decline in investor participation, with delivery volume falling by 13.88% compared to the 5-day average, which may indicate a potential concern regarding sustained interest in the stock.
Broader Market Context: In the short term, Resgen's stock has performed well, with a weekly return of 8.00%, significantly outperforming the Sensex, which only gained 1.56% in the same period. Over the past month, Resgen has increased by 15.67%, again surpassing the Sensex's 2.60% increase. Despite these positive short-term movements, it is important to note that the stock has experienced a year-to-date decline of 19.20%, contrasting with the Sensex's gain of 5.83%, indicating a challenging longer-term performance relative to the broader market.