Why is Thyrocare Tech. falling/rising?

As of 28-Oct, Thyrocare Technologies Ltd is experiencing a price increase, currently at 1,330.10, which reflects a rise of 41.15 or 3.19%. The stock has shown strong performance recently, gaining 6.13% over the last three days and outperforming its sector by 2.83% today. Additionally, it has demonstrated impressive returns over various periods, including a 5.82% increase over the past week and an 18.58% rise over the past month. The stock is also trading above its moving averages across multiple timeframes, indicating positive momentum. However, there has been a notable decline in investor participation, with delivery volume falling by 75.24% compared to the five-day average, which could suggest reduced buying interest.
Broader Market Context: In comparison to the benchmark Sensex, Thyrocare Technologies Ltd has significantly outperformed, with a year-to-date return of 45.73% against the Sensex's 8.30%. This trend continues in the short term, as the stock's 1-week return of 5.82% far exceeds the Sensex's modest 0.24% increase. The strong performance relative to the benchmark indicates that investor sentiment towards Thyrocare is robust, despite the recent drop in delivery volume, which may be a temporary fluctuation rather than a sign of weakening fundamentals.