Why is Vasa Denticity falling/rising?

As of 13-Aug, Vasa Denticity Ltd's stock price is rising, currently at 656.70, reflecting an increase of 35.25 or 5.67%. The stock has outperformed its sector today by 7.08%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 5.39%, while it has seen a 6.43% increase over the past month. Despite a year-to-date decline of 10.77%, the stock has shown strong performance over the last year with a return of 20.74%. Positive factors contributing to this rise include a healthy growth rate in net sales and operating profit, as well as a low debt-to-equity ratio, although there is a noted decrease in promoter confidence due to a slight reduction in their stake.
In the broader market context, Vasa Denticity's recent performance contrasts sharply with the benchmark, as the Sensex has only increased by 0.18% over the past week and declined by 2.11% over the past month. This indicates that Vasa Denticity is not only performing well relative to its sector but also significantly outpacing the overall market, which has generated negative returns of -0.64% over the past year. The company's ability to generate a 20.74% return in a declining market highlights its resilience and potential for growth, despite the concerns regarding promoter confidence.