Why is Unichem Labs. falling/rising?

As of 16-Jul, Unichem Laboratories Ltd's stock price is rising, currently at 646.25, reflecting an increase of 42.9, or 7.11%. The stock has outperformed its sector by 7.38% today, reaching an intraday high of Rs 656.85, which is an 8.87% increase. Over the past week, the stock has shown a return of 7.23%, significantly outperforming the Sensex, which declined by 1.08%. The company has demonstrated strong financial performance, with a 10.15% growth in net sales and a remarkable 140.6% increase in profit after tax compared to the previous four-quarter average. Additionally, the stock is trading at a discount relative to its peers, and its positive results over the last six consecutive quarters have contributed to its recent upward movement.
In the broader market context, while the Sensex has shown a slight increase of 1.02% over the past month, Unichem Laboratories has delivered a return of 7.00%, indicating a strong short-term performance relative to the benchmark. The stock's liquidity is adequate, supported by a significant rise in delivery volume, which has increased by 130.62% against the five-day average. This rising investor participation, combined with the company's attractive valuation metrics, such as a low debt-to-equity ratio and a high operating profit to interest ratio, suggests that investor confidence is growing, further driving the stock's price upward.