Why is Zenlabs Ethica falling/rising?

As of 04-Nov, Zenlabs Ethica Ltd's stock price is currently at Rs 32.20, reflecting an increase of Rs 1.54 or 5.02%. The stock has shown a strong performance today, outperforming its sector by 4.99% and achieving a consecutive gain over the last three days, with an overall rise of 8.97% during this period. The stock reached an intraday high of Rs 32.97, indicating positive momentum, although it also experienced a low of Rs 29.07, showcasing high volatility with an intraday fluctuation of 6.29%. Additionally, the stock's delivery volume has significantly increased by 273.2% compared to the five-day average, suggesting rising investor participation, although there is no information available regarding positive or negative factors impacting the stock.
Broader market context shows that Zenlabs Ethica has outperformed the Sensex in the short term, with a weekly return of +11.03% compared to the benchmark's -1.38%. However, the stock's year-to-date performance remains concerning, with a decline of 18.48%, while the Sensex has gained 6.81% during the same period. This contrast highlights the stock's recent recovery in the short term, despite its longer-term struggles relative to the broader market.