Why is Torrent Pharma falling/rising?

As of 16-Jul, Torrent Pharmaceuticals Ltd. is experiencing a price increase, with its current price at 3,463.10, reflecting a change of 34.55 (1.01%) upward. The stock has shown strong performance, gaining 4.72% over the last three days and outperforming its sector by 1.28% today. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, Torrent Pharma has generated a return of 16.37%, significantly outperforming the BSE500 in each of the last three annual periods. The company has demonstrated high management efficiency, a strong ability to service debt, and has declared positive results for the last seven consecutive quarters, contributing to investor confidence.
In the broader market context, Torrent Pharma's short-term return of +3.35% over the past week stands in contrast to the Sensex, which has declined by 1.08% during the same period. This indicates that the stock is not only performing well on its own but is also gaining traction against a backdrop of broader market challenges. Despite a slight decrease in delivery volume, the stock remains liquid enough for trading, supported by high institutional holdings which suggest a robust analysis of its fundamentals. Overall, the combination of strong financial performance and favorable market positioning has contributed to the stock's upward movement.