Why is SMS Pharma. falling/rising?

As of 23-Sep, SMS Pharmaceuticals Ltd is experiencing a price increase, with its current price at 285.80, reflecting a change of 2.5 or 0.88% upward. The stock has shown a strong performance over the past month, gaining 20.54%, while the benchmark Sensex has only increased by 0.98%. Despite a year-over-year decline of 23.99%, the stock has significantly outperformed the Sensex over the last three years, with a return of 230.21% compared to the benchmark's 41.31%. However, there has been a notable decline in investor participation, as evidenced by a 40.59% drop in delivery volume against the five-day average, which may indicate a cautious sentiment among investors.
In the broader market context, SMS Pharmaceuticals Ltd has outperformed its sector by 1.23% today, which may contribute to its rising stock price. The stock is currently trading above its 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in the short term. However, the liquidity remains adequate for trading, with the stock being liquid enough for a trade size of Rs 0.48 crore based on 2% of the five-day average traded value. Overall, while the stock is showing positive short-term movements, the decline in investor participation could pose challenges for sustained growth.