Why is SMS Pharma. falling/rising?

As of 17-Jul, SMS Pharmaceuticals Ltd's stock price is rising, currently at Rs 249.40, reflecting an increase of Rs 4.65 or 1.9%. The stock has shown strong performance today, outperforming its sector by 1.48% and has been on a consecutive gain streak for the last five days, with a total return of 5.21% during this period. It opened with a gap up and reached an intraday high of Rs 257.5. The stock is trading above its 5-day, 20-day, 100-day, and 200-day moving averages, indicating positive momentum. Additionally, the company has reported positive results for the last nine consecutive quarters, with significant improvements in operating profit, cash reserves, and a low debt-equity ratio, contributing to a favorable outlook for investors.
In the broader market context, SMS Pharmaceuticals has outperformed the Sensex over the past week, gaining 5.21% while the benchmark index declined by 1.12%. Although the stock has slightly underperformed the Sensex over the past month and year-to-date, it has shown remarkable long-term performance, with a 181.49% increase over the last three years compared to the Sensex's 53.01%. This strong long-term performance, coupled with rising investor participation and liquidity, supports the stock's upward movement, despite a modest return of 1.09% over the past year.