Why is Solara Active falling/rising?

As of 25-Jun, Solara Active Pharma Sciences Ltd is experiencing a significant rise in its stock price, currently at Rs 635.90, reflecting an increase of Rs 84.35 or 15.29%. The stock has shown strong performance recently, gaining 21.35% over the last four days and outperforming its sector by 14.24% today. Additionally, the stock has outperformed the benchmark Sensex with a 1-week return of 20.63% compared to the Sensex's 1.61%, and a 1-month return of 32.85% against the Sensex's 1.27%. Positive financial results over the last three quarters, including a 101.73% growth in PAT and a high ROCE of 6.10%, have contributed to the stock's upward momentum. However, there are concerns regarding long-term fundamentals, such as a negative CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio.
Broader Market Context: The stock's recent performance has been notably strong, particularly in the short term, as it has significantly outperformed the broader market indices. While the stock has generated a return of 39.30% over the past year, the Sensex has only increased by 6.02% in the same period. This outperformance is indicative of strong investor interest and confidence in Solara Active, despite some underlying concerns regarding its long-term financial health and the high percentage of pledged promoter shares, which could pose risks in a declining market. Overall, the combination of positive quarterly results and strong short-term performance against the benchmark has driven the stock's price upward.