Why is Guj. Themis Bio. falling/rising?

As of 30-Jul, Gujarat Themis Biosyn Ltd's stock price is currently at Rs. 388.90, reflecting a decrease of Rs. 1.45 or 0.37%. The stock reached a new 52-week high of Rs. 402.25 earlier in the day but has since fallen after three consecutive days of gains. Despite this decline, the stock has shown strong performance over various periods, with a 4.39% increase over the past week and a remarkable 454.58% rise over the last three years. The company benefits from high management efficiency, evidenced by a return on equity (ROE) of 42.39%, and a low debt-to-equity ratio, which supports its stability. Additionally, institutional investors have increased their stake, indicating growing confidence in the company's fundamentals.
In the broader market context, Gujarat Themis Biosyn Ltd has outperformed the benchmark Sensex significantly over the past week, month, year-to-date, and year, with respective returns of +4.39%, +12.27%, +27.32%, and +18.11%, compared to the Sensex's declines. This strong relative performance suggests that while the stock is currently experiencing a minor pullback, its overall trajectory remains positive, bolstered by rising investor participation and consistent returns over the past three years. The stock's liquidity is also favorable, allowing for adequate trading volume, which may contribute to its resilience in the market despite the recent price drop.