Why is Torrent Pharma falling/rising?

As of 05-Aug, Torrent Pharmaceuticals Ltd. is experiencing a decline in its stock price, currently at 3,589.10, which reflects a decrease of 24.05 points or 0.67%. The stock has been on a downward trend, having fallen consecutively for the last three days, resulting in a total drop of 4.58% during this period. Despite this recent decline, the stock has shown strong performance over the longer term, with a 6.56% increase over the past month and a notable 130.71% rise over the last three years. However, today's trading volume indicates a falling investor participation, with a delivery volume decrease of 24.34% compared to the five-day average, which may contribute to the stock's recent price movement.
In the broader market context, Torrent Pharmaceuticals has outperformed the Sensex by 0.28% today, despite the overall market showing a slight decline. While the stock's short-term performance has been negative, its year-to-date returns of 6.96% and consistent positive results over the last eight quarters highlight its strong fundamentals, including high management efficiency and a low debt-to-EBITDA ratio. The high institutional holdings at 24.75% suggest that informed investors continue to support the stock, which may provide some stability despite the recent price drop. Overall, while the stock is currently facing short-term challenges, its long-term performance and fundamentals remain robust.