Why is Raaj Medisafe falling/rising?

As of 04-Jul, Raaj Medisafe India Ltd's stock price is currently at Rs 96.00, reflecting an increase of Rs 2.49 or 2.66%. The stock has shown a positive trend recently, gaining 7.79% over the last two days and outperforming its sector by 2.7% today. Despite a slight decline of 2.69% over the past week, the stock has performed well over the longer term, with a 15.66% increase year-to-date and an impressive 236.25% rise over the past three years. The company has reported strong financial growth, with net sales increasing at an annual rate of 62.73% and a net profit growth of 397.14%, which has contributed to its attractive valuation compared to peers.
In the broader market context, while the Sensex has seen a minor decline of 0.74% over the past week, Raaj Medisafe's stock has managed to outperform this benchmark. The stock's consistent returns over the last three years, along with its strong financial performance, suggest that it is well-positioned in the market. However, it is worth noting that there has been a significant drop in investor participation, with delivery volume falling by 91.63% against the five-day average, which could indicate potential volatility in future trading. Overall, the combination of strong financial results and recent positive price movement contributes to the stock's upward trajectory despite some short-term fluctuations.