Why is SMS Pharma. falling/rising?

As of 15-Jul, SMS Pharmaceuticals Ltd is experiencing a price increase, with its current price at Rs 243.85, reflecting a rise of Rs 5.9 or 2.48%. The stock has shown a positive trend, gaining for the last three consecutive days and achieving a total return of 2.87% during this period. Today, it outperformed its sector by 1.23%, reaching an intraday high of Rs 248.6. Despite this upward movement, the stock's performance over the past month shows a decline of 3.81%, while it has generated a modest year-to-date return of 1.67%. The company has reported positive results for the last nine consecutive quarters, with significant improvements in operating profit and cash reserves, contributing to a favorable outlook despite a slight decline in stock performance over the past year.
In the broader market context, SMS Pharmaceuticals Ltd's recent performance contrasts with the Sensex, which has declined by 1.36% over the past week. While the stock has outperformed the benchmark in the short term, its longer-term performance shows a decline of 0.29% over the past year, compared to the Sensex's increase of 2.36%. The stock's liquidity remains adequate, although there has been a notable decrease in investor participation, with delivery volume falling by 39.11% against the five-day average. This combination of strong quarterly results and a favorable valuation relative to peers, alongside a decline in investor activity, suggests that while the stock is currently rising, it faces challenges that could impact its momentum in the future.