Why is Tatva Chintan falling/rising?

As of 03-Jul, Tatva Chintan Pharma Chem Ltd's stock price is currently at 1,020.00, reflecting an increase of 20.0, or 2.0%. The stock has been gaining momentum, having risen 7.37% over the last two days, and it outperformed its sector by 2.03% today. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Despite a negative performance over the past year, where it declined by 9.95%, the year-to-date return stands at a positive 15.54%. The company also has a low average Debt to Equity ratio, which may contribute to investor confidence and support the stock's recent upward movement.
In the broader market context, Tatva Chintan's short-term performance has significantly outpaced the benchmark index, Sensex, which has seen a decline of 0.62% over the past week while Tatva Chintan rose by 10.87%. This contrast highlights the stock's relative strength in a challenging market environment. The stock's liquidity is also favorable, with a delivery volume that has increased by 284.54% compared to the 5-day average, suggesting heightened investor interest. Overall, these factors indicate a positive sentiment surrounding Tatva Chintan, contributing to its rising stock price.