Why is SMS Pharma. falling/rising?

As of 24-Oct, SMS Pharmaceuticals Ltd is experiencing a price increase, with its current price at 296.05, reflecting a rise of 15.25 or 5.43%. The stock has shown a positive trend today, gaining after three consecutive days of decline, and it outperformed its sector by 5.82%. Additionally, the stock has touched an intraday high of Rs 300, indicating strong intraday performance. Over the past week, SMS Pharmaceuticals has returned 1.14%, and over the past month, it has gained 5.90%, significantly outperforming the Sensex, which has returned 0.31% and 3.05% respectively during the same periods. However, there has been a notable decrease in investor participation, with delivery volume falling by 29.81% against the five-day average, which could be a concern for future price stability.
Broader Market Context: The stock's performance has been robust compared to the benchmark, particularly over the longer term, with a year-to-date return of 23.43% against the Sensex's 7.77%. This strong performance over multiple time frames, including a remarkable 223.73% increase over three years, suggests that SMS Pharmaceuticals is well-positioned in the market despite the recent drop in trading volume. The liquidity of the stock remains adequate for trading, which may help sustain its upward momentum. Overall, while the stock is currently rising, the decline in investor participation could pose risks if it continues.