Why is Guj. Themis Bio. falling/rising?

As of 31-Jul, Gujarat Themis Biosyn Ltd's stock price is rising, currently at Rs 391.20, reflecting an increase of Rs 2.3 or 0.59%. The stock has shown strong performance recently, with a 1-week return of +8.19% and a 1-month return of +12.11%, significantly outperforming the Sensex, which has declined by 1.22% and 3.00% over the same periods, respectively. Additionally, the stock is trading above its moving averages and is close to its 52-week high, indicating positive momentum. However, there has been a notable decrease in investor participation, with delivery volume falling by 39.51% compared to the 5-day average. The company benefits from high management efficiency, a low debt-to-equity ratio, and increasing institutional investor participation, which collectively support its recent upward movement.
In the broader market context, Gujarat Themis Biosyn Ltd's strong returns contrast sharply with the Sensex's performance, highlighting its resilience amid a declining market. The stock's year-to-date return of +28.07% and a remarkable 3-year return of +457.86% further emphasize its robust performance relative to the benchmark, which has only gained 3.90% over the same period. This divergence suggests that while the overall market may be facing challenges, Gujarat Themis Biosyn Ltd is capitalizing on its operational strengths and investor confidence, contributing to its rising stock price.