Why is Laurus Labs falling/rising?

As of 02-Sep, Laurus Labs Ltd is currently priced at 860.45, reflecting a slight increase of 0.75 (0.09%). The stock has been gaining for the last two days, with a return of 0.48% during this period. It has outperformed the benchmark Sensex over the last month, generating a return of 1.46% compared to the Sensex's decline of 0.55%. The company has shown strong financial performance, with a remarkable net profit growth of 1219.25% and consistent positive results over the last three quarters. Additionally, high institutional holdings at 37.63% indicate strong investor confidence, contributing to the stock's upward movement.
In the broader market context, Laurus Labs has demonstrated resilience, outperforming the Sensex over various time frames, including a substantial 86.37% return over the past year compared to the Sensex's decline of 2.91%. While the stock's short-term performance is positive, it is important to note that there are concerns regarding its long-term growth potential, as operating profit has only grown at an annual rate of 7.84% over the last five years. Despite these risks, the stock's strong recent performance and high management efficiency suggest a favorable outlook in the near term.