Why is Torrent Pharma falling/rising?

As of 18-Jul, Torrent Pharmaceuticals Ltd. is experiencing a price increase, with its current price at Rs 3,519.05, reflecting a rise of 9.05 (0.26%). The stock has shown strong performance recently, gaining 6.41% over the past week and 9.20% over the past month. It is currently trading close to its 52-week high, just 2.01% away from Rs 3,589.95. The stock has outperformed its sector by 0.81% today and has been on a consecutive gain streak for the last five days. Additionally, the company has demonstrated high management efficiency with a return on capital employed (ROCE) of 22.33%, a low debt to EBITDA ratio of 1.26 times, and has reported positive results for the last seven consecutive quarters, contributing to investor confidence.
In the broader market context, Torrent Pharmaceuticals has significantly outperformed the Sensex, which has declined by 0.90% over the past week while the stock has risen. The stock's strong performance is further supported by rising investor participation, as indicated by a 31.73% increase in delivery volume compared to the five-day average. Despite concerns regarding long-term growth due to a modest annual net sales growth rate of 7.72% over the last five years and a relatively high PEG ratio of 2.9, the stock's consistent returns over the past three years and high institutional holdings at 24.66% suggest a solid foundation for continued investor interest.