Why is Thyrocare Tech. falling/rising?

As of 16-Jul, Thyrocare Technologies Ltd is experiencing a price increase, currently at Rs. 1,199.35, reflecting a rise of 31.35 (2.68%). The stock has recently hit a new 52-week high of Rs. 1200.1 and has been on an upward trend, gaining 11.57% over the last three days. It has outperformed its sector by 2.97% today and is trading above all key moving averages, indicating strong momentum. Additionally, the company has demonstrated impressive returns, with a 1-year increase of 85.70% and a year-to-date rise of 31.41%. Positive factors contributing to this rise include high management efficiency, a low debt-to-equity ratio, and significant growth in operating profit, which has led to positive results over the last five quarters. However, risks such as poor long-term growth and high promoter pledged shares could pose challenges.
Broader Market Context: In comparison to the benchmark, the stock has significantly outperformed the Sensex, which has declined by 1.08% over the past week while Thyrocare Technologies Ltd has risen by 9.93%. This strong performance in both the short and long term highlights the company's resilience and attractiveness to investors, especially given its market-beating returns over various periods. The rising investor participation, as indicated by increased delivery volume, further supports the stock's upward movement despite the potential risks associated with its valuation and pledged shares.