Why is RPG LifeScience. falling/rising?

As of 04-Jul, RPG Life Sciences Ltd is experiencing a price increase, currently at 2,526.00, reflecting a rise of 17.75 or 0.71%. The stock has shown a positive trend, gaining 0.73% over the last two days and outperforming the benchmark Sensex with a 4.86% increase over the past week, while the Sensex has declined by 0.74%. Additionally, RPG Life Sciences has demonstrated strong performance over longer periods, with a remarkable 61.31% return over the past year and an impressive 350.67% over the last three years. Despite a recent decline in investor participation, as indicated by a 33.78% drop in delivery volume, the stock remains above its moving averages across various time frames, suggesting a robust upward momentum. The company's high management efficiency, reflected in a return on equity (ROE) of 20.39%, and a low debt-to-equity ratio further bolster investor confidence.
In the broader market context, RPG Life Sciences has significantly outperformed the Sensex, which has only gained 3.01% over the past month compared to the stock's 16.51% increase. This strong relative performance indicates that investor sentiment towards RPG Life Sciences is positive, especially given its consistent returns over the last three years and its ability to outperform the BSE500 in each of the last three annual periods. The liquidity of the stock remains adequate for trading, supporting its ongoing price rise despite the recent drop in delivery volume. Overall, the combination of strong historical performance, efficient management, and favorable market conditions contributes to the stock's upward trajectory.