Why is Shilpa Medicare falling/rising?

As of 16-Sep, Shilpa Medicare Ltd's stock price is currently at 827.55, reflecting an increase of 6.9 or 0.84%. The stock has shown a trend reversal by gaining after three consecutive days of decline, and it outperformed its sector by 0.56% today. The stock reached an intraday high of Rs 837.5, indicating positive momentum. Despite a recent underperformance with a 1-week decline of 0.50% and a 1-month drop of 8.70%, the company has reported very positive financial results, including a remarkable 290.01% growth in net profit and consistent positive results over the last eight quarters. This strong performance, alongside a significant increase in delivery volume by 78.02% compared to the 5-day average, suggests rising investor interest.
In the broader market context, Shilpa Medicare's recent performance contrasts with the Sensex, which has gained 1.58% over the past week and 2.21% over the past month. While the stock has shown a year-to-date increase of 1.78%, it has lagged behind the benchmark's 5.43% gain. The stock's liquidity remains adequate for trading, and its performance over the last three years has been impressive at 115.00%, significantly outpacing the Sensex's 40.01%. Overall, the combination of strong financial results and increased investor participation appears to be driving the stock's recent upward movement, despite its recent short-term underperformance relative to the broader market.