Why is Thyrocare Tech. falling/rising?

As of 14-Jul, Thyrocare Technologies Ltd is experiencing a price increase, currently at Rs. 1,162.00, which reflects a rise of Rs. 87.0 or 8.09%. The stock has recently hit a new 52-week high of Rs. 1,177 and has outperformed its sector by 7.32%. Over the past week, the stock has gained 7.10%, and it has shown strong performance over the last month with a return of 13.54%. Despite a recent trend reversal after two days of consecutive declines, the stock is trading above all key moving averages, indicating a bullish trend. However, there are concerns regarding falling investor participation, as evidenced by a significant drop in delivery volume.
Broader market context shows that while Thyrocare Technologies has outperformed the Sensex, which has declined by 1.42% over the past week, the stock has delivered impressive returns of 81.85% over the last year compared to the Sensex's 2.15%. The company benefits from high management efficiency, a low debt-to-equity ratio, and strong operating profit growth, which have contributed positively to its stock performance. However, risks such as poor long-term growth, high valuation compared to peers, and the fact that 100% of promoter shares are pledged could pose challenges in the future. Overall, the stock's recent rise can be attributed to its strong performance metrics and positive market sentiment, despite underlying risks.