Why is Guj. Themis Bio. falling/rising?

As of 22-Aug, Gujarat Themis Biosyn Ltd's stock price is rising, currently at 397.20, reflecting an increase of 1.3 (0.33%). The stock has been gaining momentum, having risen 12.79% over the past week and 6.83% over the past month, significantly outperforming the Sensex, which has seen a mere 0.88% increase in the same week and a decline of 1.07% over the month. The stock is also close to its 52-week high, just 1.94% away from Rs 404.9. Additionally, it has been trading above its moving averages across various time frames, indicating a strong upward trend. The recent increase in delivery volume by 186.55% compared to the 5-day average suggests rising investor participation, particularly from institutional investors who have increased their stake by 0.6% in the last quarter.
In the broader market context, Gujarat Themis Biosyn Ltd's impressive year-to-date return of 30.04% stands in stark contrast to the Sensex's 4.05% gain, highlighting its strong performance relative to the market. The stock's consistent returns over the last three years, including a remarkable 495.45% increase over three years and 15.15% over the past year, further bolster investor confidence. The company's high management efficiency, reflected in a return on equity (ROE) of 42.39%, and a low debt-to-equity ratio contribute positively to its valuation. These factors combined indicate a robust outlook for the stock, reinforcing its upward price movement amidst a generally stable market environment.