Why is Sanjiv.Parant. falling/rising?

As of 22-Jul, Sanjivani Paranteral Ltd's stock price is rising, currently at Rs 242.55, reflecting an increase of Rs 5.6 or 2.36%. The stock has shown strong performance today, outperforming its sector by 3.27% and opening with a gain of 2.98%. It reached an intraday high of Rs 252.65, indicating positive investor sentiment. Over the past week, the stock has increased by 8.86%, and over the past month, it has risen by 11.18%. The company has demonstrated high management efficiency with a return on equity of 21.72%, and its net sales have grown at an annual rate of 33.78%. Additionally, the promoters have increased their stake in the company by 1.2%, signaling confidence in its future.
In the broader market context, while Sanjivani Paranteral Ltd has seen significant short-term gains, the benchmark Sensex has experienced a slight decline of 0.47% over the same week. This contrast highlights the stock's strong performance relative to the market. Despite a year-to-date decline of 36.51%, the stock has generated a return of 21.34% over the past year, outperforming the BSE500 in each of the last three annual periods. However, it is important to note that there has been a decrease in investor participation, with delivery volume falling by 12.21% against the five-day average, which could be a concern for future trading activity.