Why is Trident Lifeline falling/rising?

As of 30-Oct, Trident Lifeline Ltd's stock price is rising, currently at Rs 319.00, reflecting an increase of Rs 28.95 or 9.98%. The stock has shown strong performance today, having opened with a gain of 6.12% and reaching an intraday high of Rs 322, which is an 11.02% increase. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past week, the stock has gained 4.59%, and year-to-date, it has increased by 13.93%, outperforming the Sensex, which has risen by 8.02% during the same period. However, there has been a notable decline in investor participation, with delivery volume dropping by 72.22% compared to the 5-day average, which may raise concerns about sustainability in the stock's upward movement.
Broader Market Context: In the short term, Trident Lifeline's performance has significantly outpaced the benchmark Sensex, which has seen a slight decline of 0.18% over the past week. While the stock is currently close to its 52-week high, being only 2.7% away, the broader market context shows mixed signals, as the Sensex has gained only 5.15% over the past month compared to Trident's 9.34% increase. This divergence suggests that while Trident Lifeline is experiencing strong individual performance, the overall market sentiment may not be as robust, potentially affecting future investor confidence.