Why is Guj. Themis Bio. falling/rising?

As of 20-Oct, Gujarat Themis Biosyn Ltd is experiencing a price increase, currently at Rs. 452.60, reflecting a rise of Rs. 20.6 or 4.77%. The stock has reached a new 52-week high of Rs. 458.4 today and has shown strong performance, gaining 9.92% over the past week and 17.36% over the last month. Despite a recent decline in investor participation, with delivery volume dropping significantly, the stock has been consistently outperforming its sector by 4.09%. The company boasts a high return on equity of 34.65% and a low debt-to-equity ratio of 0.01, which contribute positively to its appeal. Additionally, institutional investors have increased their stake, indicating confidence in the company's fundamentals.
In the broader market context, Gujarat Themis Biosyn Ltd has significantly outperformed the Sensex, with a year-to-date return of 48.17% compared to the Sensex's 7.97%. This strong performance over various periods, including a remarkable 390.32% increase over the last three years, highlights the stock's resilience and attractiveness to investors. The stock's consistent returns and management efficiency further bolster its position, making it a favorable option in the current market landscape.