Why is Titan Biotech falling/rising?

As of 15-Oct, Titan Biotech Ltd's stock price is rising, currently at 1,357.80, reflecting an increase of 51.25 (3.92%). The stock has shown impressive performance, gaining 50.47% over the last 12 days and reaching a new 52-week high of Rs 1371.85 today. It has outperformed its sector by 3.35% and is trading above all key moving averages, indicating strong upward momentum. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 77.23% compared to the 5-day average, suggesting heightened interest and confidence in the stock.
In the broader market context, Titan Biotech's short-term return of 26.06% over the past week significantly outpaces the Sensex's modest gain of 1.02%. This stark contrast highlights the stock's robust performance relative to the benchmark, further reinforcing investor sentiment. Year-to-date, Titan Biotech has achieved an impressive return of 85.30%, compared to the Sensex's 5.72%, indicating that the stock is not only performing well in isolation but is also gaining traction among investors in a broader market that is relatively stable.