Why is Ind-Swift Labs. falling/rising?

As of 30-Jun, Ind-Swift Laboratories Ltd is experiencing a price increase, currently at Rs 112.00, reflecting a change of 2.11 (1.92%) upward. The stock has shown strong performance today, outperforming its sector by 1.23%, and reached an intraday high of Rs 113.31, which is a 3.11% increase. Over the past week, the stock has gained 5.73%, and in the last month, it has surged by 36.59%. Despite a negative return of -13.91% over the past year, the company has seen a 6.1% increase in profits, and its attractive valuation, with a Price to Book Value of 0.7, suggests it is trading fairly compared to peers. Additionally, institutional investors have increased their stake, indicating growing confidence in the stock.
In the broader market context, while the Sensex has returned 2.09% over the past week and 2.65% over the past month, Ind-Swift Laboratories Ltd's performance has significantly outpaced these benchmarks. The stock's liquidity is also favorable, with a delivery volume increase of 19.31% against the 5-day average. However, it is important to note that the company has faced challenges, including high debt levels and operating losses, which could impact long-term performance. Despite these negative factors, the recent uptick in price can be attributed to rising investor participation and positive short-term returns relative to the broader market.