Why is Vasundhara Rasy. falling/rising?

As of 14-Nov, Vasundhara Rasayans Ltd's stock price is rising, currently at Rs 195.75, reflecting an increase of Rs 32.6 or 19.98%. Today's price summary indicates that the stock has outperformed its sector by 20.03% and has experienced a trend reversal after two consecutive days of decline. It opened with a gain of 4.2% and reached an intraday high of Rs 195.75. The stock has shown a wide trading range of Rs 25.75 and has been highly volatile today, with an intraday volatility of 7.04%. Despite a year-to-date decline of 33.86%, the stock has performed well in the short term, with a 1-week return of 13.54% and a 1-month return of 17.11%. The company recently declared positive results after two negative quarters, with key financial metrics showing significant improvement, which has likely contributed to the stock's upward movement.
In the broader market context, while the Sensex has gained 1.62% over the past week, Vasundhara Rasayans Ltd has significantly outperformed this benchmark, indicating strong short-term investor interest. However, it is important to note that the stock has underperformed over the past year, with a return of -27.50% compared to the market's 8.00% gain. This long-term underperformance, coupled with weak fundamental strength and a high valuation relative to peers, suggests that while the stock is experiencing a short-term rise, concerns about its long-term viability remain.