Why is Supriya Lifesci. falling/rising?

As of 13-Nov, Supriya Lifescience Ltd's stock price is rising, currently at Rs 785.50, reflecting an increase of Rs 24.05 or 3.16%. The stock has shown strong performance today, outperforming its sector by 2.95% and has been on a consecutive gain streak for the last two days, accumulating a total return of 5.68%. It opened with a significant gain of 5.04% and reached an intraday high of Rs 823.3, which is an 8.12% increase. Over the past year, the stock has delivered impressive returns of 27.66%, significantly outperforming the BSE500 index over various time frames, including 3 years, 1 year, and 3 months. Additionally, the company boasts high management efficiency with a return on equity (ROE) of 17.74% and maintains a low debt-to-equity ratio, which supports its positive outlook.
In the broader market context, Supriya Lifescience's short-term return of 0.85% over the past week is slightly below the benchmark Sensex's return of 1.40%. However, the stock's performance over the last month and year has been notably strong compared to the benchmark, with returns of 8.29% and 27.66%, respectively. Despite a recent decline in investor participation, as indicated by a 16.09% drop in delivery volume, the stock remains liquid enough for trading. Overall, the combination of strong historical performance, efficient management, and favorable market conditions contributes to the stock's upward movement.