Why is Alembic falling/rising?

As of 30-Jun, Alembic Ltd's stock price is rising, currently at 121.50, reflecting an increase of 6.2 or 5.38%. The stock has shown strong performance recently, gaining 5.88% over the last two days and outperforming its sector by 4.69% today. It opened with a gain of 2.21% and reached an intraday high of Rs 125.7, which is a 9.02% increase. Over the past week, Alembic has returned 10.05%, significantly higher than the Sensex's 2.09% increase, and it has also outperformed the benchmark over the last month with a return of 9.71% compared to the Sensex's 2.65%. The company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 142.59% and positive results for the last six consecutive quarters, contributing to the stock's upward momentum.
Broader Market Context: The stock's recent performance is particularly notable given its strong returns in the short term compared to the broader market. While Alembic has seen a year-to-date decline of 8.13%, its recent gains indicate a recovery trend that contrasts with the Sensex's overall increase of 7.00% in the same period. The stock's liquidity is adequate for trading, and rising investor participation, as evidenced by increased delivery volume, suggests growing confidence among investors. This combination of positive financial indicators and market-beating performance in both the near and long term has likely contributed to the stock's rising price.