Why is SMS Lifesciences falling/rising?

As of 14-Nov, SMS Lifesciences India Ltd is experiencing a price increase, currently at 1,311.00, reflecting a rise of 53.9 points or 4.29%. The stock has shown strong performance today, outperforming its sector by 3.92% and has been on a consecutive gain streak for the last six days, accumulating a total return of 13.02% during this period. It opened with a significant gain of 5.8% and reached an intraday high of Rs 1380, indicating strong buying interest. Additionally, the stock has demonstrated impressive returns over various periods, including a 1W return of 11.10% and a 1Y return of 19.22%. However, there has been a notable decline in investor participation, with delivery volume dropping by 53.94% against the 5-day average, which may raise concerns about sustainability.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.62% over the past week, SMS Lifesciences has significantly outperformed with its 11.10% gain. This trend of outperformance is consistent across multiple time frames, as the stock has outpaced the Sensex in both the 1M and 3Y periods as well. Despite the positive price movements, the high volatility observed today, with an intraday volatility of 5.53%, suggests that while the stock is currently rising, it may also be subject to fluctuations that could impact future performance.