Why is Span Divergent falling/rising?

As of 18-Nov, Span Divergent Ltd's stock price is currently at Rs 30.57, reflecting an increase of Rs 1.45 or 4.98%. The stock has been on a positive trajectory, gaining for the last seven days and achieving a remarkable 40.49% return during this period. It opened today with a gain of 4.98% and has consistently traded at this price level. Additionally, the stock is performing well above its moving averages across various time frames. Notably, it has outperformed its sector by 7.05%. There is a significant increase in investor participation, with delivery volume rising by 211.96% compared to the five-day average, indicating strong demand for the stock.
In the broader market context, Span Divergent's short-term performance is significantly better than the benchmark Sensex, which has only increased by 0.96% over the past week, while Span Divergent has surged by 27.48%. This stark contrast highlights the stock's strong momentum relative to the market. However, it is important to note that the medical equipment sector, in which Span Divergent operates, has seen a decline of 2.05%, suggesting that the stock's rise is driven by company-specific factors rather than overall sector strength.