Why is SMS Pharma. falling/rising?

As of 30-Jun, SMS Pharmaceuticals Ltd is experiencing a price increase, currently at Rs 251.25, reflecting a rise of 2.7 or 1.09%. The stock has shown strong performance today, outperforming its sector by 0.4% and achieving a consecutive gain over the last five days, with an overall return of 8.91% during this period. It opened with a gain of 2.03% and reached an intraday high of Rs 253.6. Despite this positive movement, there has been a notable decline in investor participation, with delivery volume falling by 33.51% against the five-day average. The company has consistently reported positive results for the last nine quarters, with strong operating profit to interest ratios and a low debt-equity ratio, contributing to its favorable valuation compared to peers.
In the broader market context, SMS Pharmaceuticals Ltd's short-term performance has significantly outpaced the benchmark, with a 1-week return of 8.91% compared to the Sensex's 2.09%. While the stock has shown a decline of 5.70% over the past month, it has outperformed the BSE 500 over longer periods, including a 12.54% return over the last year. The company's financial health, indicated by a robust return on capital employed and a favorable PEG ratio, supports its market-beating performance in both the long and near term. Overall, the combination of recent gains, strong financial metrics, and relative outperformance against the benchmark contributes to the stock's upward movement.