Why is Divi's Lab. falling/rising?

As of 22-Aug, Divis Laboratories Ltd's stock price is currently at Rs 6,155.00, reflecting an increase of Rs 133.0 or 2.21%. The stock has been gaining for the last two days, with a total return of 2.5% during this period. It has outperformed its sector by 1.87% today and reached an intraday high of Rs 6,178.6. Despite a year-to-date gain of 0.91% and a robust annual return of 25.33%, the stock has experienced a decline of 7.24% over the past month. Positive factors contributing to the stock's rise include high management efficiency with a return on equity of 17.46%, a low debt-to-equity ratio, and consistent positive results over the last four quarters. However, there is a noted decrease in investor participation, with delivery volume falling by 51.33% compared to the five-day average.
In the broader market context, while Divis Laboratories has shown a short-term gain, its one-month performance is notably worse than the benchmark Sensex, which has increased by 0.88% over the same period. The stock's performance contrasts with the broader market's negative returns of -2.49% over the last year, indicating that Divis Laboratories has managed to outperform despite market challenges. Its significant institutional holdings at 38.79% suggest confidence from larger investors, which may provide stability and support for the stock's price amidst fluctuating market conditions.