Why is Supriya Lifesci. falling/rising?

As of 03-Nov, Supriya Lifescience Ltd's stock price is currently at Rs 782.80, reflecting an increase of Rs 7.2, or 0.93%. The stock has shown a positive trend, gaining 4.98% over the last three days, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite underperforming its sector by 0.37% today, the stock has demonstrated strong performance over the past year, with a return of 23.04%. Additionally, the company boasts high management efficiency with a return on equity (ROE) of 17.74% and a low debt-to-equity ratio, contributing to its favorable market position.
In the broader market context, while the Sensex has experienced a decline of 0.94% over the past week, Supriya Lifescience has outperformed this benchmark with a return of 7.13% in the same period. The stock's strong performance in the long term, particularly over the last three years with a return of 174.23%, further highlights its resilience compared to the broader market, which has only seen a 38.04% increase in that timeframe. This combination of solid returns and efficient management likely supports investor confidence, contributing to the stock's upward movement despite some short-term sector underperformance.