Why is Venus Remedies falling/rising?

As of 18-Jul, Venus Remedies Ltd is experiencing a slight decline in its stock price, currently at Rs. 550.00, which reflects a decrease of 0.95 or 0.17%. Despite this minor drop, the stock has shown strong performance recently, with a 19.62% increase over the past week and a remarkable 27.02% rise over the last month. The stock reached a new 52-week high of Rs. 565.95 earlier today and has outperformed its sector by 0.38%. Additionally, the stock is trading above its moving averages across various time frames, indicating a generally positive trend. The company has also reported significant growth in net profit and has maintained a low debt-to-equity ratio, contributing to its attractive valuation and positive investor sentiment.
In the broader market context, while Venus Remedies has outperformed the Sensex, which has seen a decline of 0.90% over the past week, the stock's recent performance is noteworthy given its substantial returns over longer periods, such as 150.57% over three years and 74.52% year-to-date. However, the lack of investment from domestic mutual funds may indicate some caution among institutional investors regarding the stock's current valuation. Overall, while the stock is currently facing a slight decline, its strong historical performance and positive financial metrics suggest a resilient position in the market.