Why is Sequent Scien. falling/rising?

As of 31-Oct, Sequent Scientific Ltd's stock price is currently at 215.10, reflecting an increase of 1.75 (0.82%). The stock has shown strong performance recently, gaining 6.27% over the past week and 10.53% over the past month, significantly outperforming the Sensex, which has declined by 0.32% in the same week and increased by 3.65% in the last month. Today's trading saw the stock open lower at a 2.02% loss but quickly rebounded, reaching an intraday high of Rs 218.3. The stock has been on a consecutive gain streak for the last five days, and the rising investor participation, indicated by a 23.06% increase in delivery volume, further supports its upward momentum. Additionally, the company has reported impressive financial growth, including a 93.93% increase in net profit and positive results for the last six consecutive quarters, which has contributed to the stock's favorable performance.
Broader Market Context: In the context of the broader market, Sequent Scientific Ltd's short-term returns have significantly outperformed the Sensex, which has shown a modest increase of 3.65% over the past month. The stock's year-to-date performance stands at 22.22%, compared to the Sensex's 7.42%, highlighting its strong market position. This outperformance is further underscored by the stock's long-term returns, where it has generated 121.07% over the past three years, compared to the Sensex's 38.18%. Overall, the combination of strong financial results, positive market sentiment, and consistent performance relative to the benchmark has contributed to the stock's rising price.