Why is Divi's Lab. falling/rising?

As of 08-Sep, Divis Laboratories Ltd is currently priced at 6,030.50, reflecting an increase of 20.9 or 0.35%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this positive movement today, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 29.45% against the 5-day average. However, the company has demonstrated strong fundamentals, with a high return on equity (ROE) of 17.46%, a low debt-to-equity ratio, and consistent positive results over the last four quarters, contributing to its market-beating performance of 17.60% over the past year despite broader market challenges.
In the broader market context, Divis Laboratories' short-term performance has lagged behind the benchmark, with a 1-week return of -0.89% compared to the Sensex's gain of +0.53%. While the stock has outperformed its sector today by 0.48%, its year-to-date performance remains negative at -1.14%, contrasting with the Sensex's positive return of +3.39%. This divergence highlights the stock's recent struggles despite its strong fundamentals and institutional backing, which may provide some support against broader market fluctuations.