Why is Torrent Pharma falling/rising?

As of 18-Aug, Torrent Pharmaceuticals Ltd. is experiencing a price increase, with its current price at Rs 3,660.00, reflecting a rise of 48.85 points or 1.35%. The stock has shown strong performance, gaining 1.41% over the last two days and outperforming its sector by 1.12%. It is currently trading close to its 52-week high, being just 3.55% away from Rs 3,790. Additionally, the stock has demonstrated consistent returns, with a 9.60% increase over the past year and a remarkable 134.58% rise over the last three years. The company has also reported positive results for the last eight consecutive quarters, showcasing high management efficiency and a strong ability to service debt, which further supports investor confidence.
In the broader market context, Torrent Pharmaceuticals has outperformed the Sensex, which has seen a return of only 0.83% over the past week, while Torrent's return stands at 1.16%. This trend continues over the past month, where Torrent gained 4.01% compared to the Sensex's decline of 0.59%. The stock's strong institutional holdings at 24.75% indicate a robust interest from investors who are likely to have a better understanding of the company's fundamentals, contributing to its rising price. Overall, the combination of positive financial results, strong management efficiency, and favorable market conditions has led to the stock's upward movement.