Why is Solara Active falling/rising?

As of 23-Jul, Solara Active Pharma Sciences Ltd is experiencing a price increase, with its current price at Rs 673.30, reflecting a rise of Rs 5.3 or 0.79%. Today, the stock has shown a trend reversal, gaining after three consecutive days of decline, and it outperformed its sector by 0.28%. The stock reached an intraday high of Rs 690, indicating positive momentum. Over the past month, Solara has generated a return of 26.00%, although it has seen a slight decline of 2.34% over the past week. The company has reported positive results for the last three consecutive quarters, with a significant growth in profit after tax and a high return on capital employed, which contribute to its attractive valuation despite some long-term fundamental weaknesses.
In the broader market context, while Solara's recent performance has been strong, it has underperformed the benchmark Sensex over the year-to-date period, with a return of -0.39% compared to the Sensex's 5.87%. The stock's ability to generate returns has been commendable over the longer term, outperforming the BSE500 in the last three years, one year, and three months. However, the presence of pledged promoter shares and a high debt-to-EBITDA ratio raises concerns about its long-term stability, which could impact investor sentiment and contribute to volatility in its stock price.