Why is RPG LifeScience. falling/rising?

As of 01-Jul, RPG Life Sciences Ltd is experiencing a price increase, currently at Rs 2,554.50, reflecting a rise of Rs 68.1 or 2.74%. The stock has shown strong performance today, outperforming its sector by 2.95% and achieving a consecutive gain over the last two days with a total return of 6.04%. It reached an intraday high of Rs 2,580, representing a 3.76% increase. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 90.58% compared to the 5-day average. The company has demonstrated consistent returns, generating 58.75% returns over the past year and outperforming the BSE500 in each of the last three annual periods, supported by high management efficiency and a low debt-to-equity ratio.
In the broader market context, RPG Life Sciences Ltd has significantly outperformed the benchmark Sensex, with a 1-week return of 6.36% compared to the Sensex's 2.00%, and a 1-month return of 16.91% against the Sensex's 2.76%. This trend of outperformance is consistent over longer periods, with the stock showing a year-to-date return of 15.87% versus the Sensex's 7.11%. The strong performance relative to the benchmark indicates robust investor confidence and market sentiment towards RPG Life Sciences Ltd, contributing to its rising stock price.