Why is Welcure Drugs falling/rising?

As of 23-Jun, Welcure Drugs & Pharmaceuticals Ltd is experiencing a price increase, with the current price at Rs. 15.89, reflecting a rise of 0.75 or 4.95%. The stock has reached a new 52-week high today and has been on a positive trajectory, gaining for the last six days with a cumulative return of 35.58%. Additionally, it is trading above all its moving averages, indicating strong upward momentum. The stock has significantly outperformed its sector by 4.96% today, and its year-to-date return stands at 36.16%, while its one-year return is an impressive 234.53%. The increase in delivery volume by 249.88% against the 5-day average also suggests rising investor participation, contributing positively to the stock's recent movement. There are no available positive or negative factors to further elaborate on the stock's performance.
In the broader market context, Welcure Drugs has shown remarkable short-term performance compared to the benchmark Sensex, which has only increased by 0.12% over the past week. The stock's one-week return of 27.32% starkly contrasts with the benchmark's minimal gain, highlighting its strong relative performance. This significant outperformance in both short and long-term periods indicates robust investor confidence and interest in Welcure Drugs, further supporting the stock's rising price trend.