Why is Kwality Pharma falling/rising?

As of 29-Jul, Kwality Pharmaceuticals Ltd is experiencing a price increase, currently at Rs 1,169.60, reflecting a rise of Rs 64.55 or 5.84%. The stock has shown a positive trend today, outperforming its sector by 4.43% after two days of consecutive declines. It reached an intraday high of Rs 1,185, indicating strong investor interest, and has demonstrated high volatility with an intraday range of Rs 117.4. Over the past week, the stock has gained 1.44%, and its performance over the last month shows a significant increase of 15.28%. The company has reported a remarkable growth in net profit of 241.51% and has consistently declared positive results for the last five quarters, contributing to its strong market performance.
In the broader market context, while the Sensex has declined by 1.03% over the past week, Kwality Pharmaceuticals has managed to outperform this benchmark, highlighting its resilience. The stock's year-to-date return of 34.51% and a staggering 129.78% return over the past year further emphasize its strong performance relative to the market. However, there are concerns regarding long-term growth, as net sales have decreased at an annual rate of -6.73% over the last five years. Despite these risks, the company’s low debt-to-EBITDA ratio and high operating profit to interest ratio suggest a solid financial foundation, which may be attracting investors and contributing to the stock's upward movement.