Why is Venus Remedies falling/rising?

As of 25-Jul, Venus Remedies Ltd's stock price is currently at Rs 518.60, reflecting an increase of Rs 10.15 or 2.0%. Today, the stock has shown a trend reversal, gaining after five consecutive days of decline. Although it opened with a loss of 2%, it reached an intraday high of Rs 518.60, indicating a recovery. Over the past week, the stock has experienced a decline of 5.71%, but it has performed well over the past month with an increase of 18.17%. The company has reported strong financial results, including a 99.81% growth in net profit and positive results for the last two consecutive quarters, which have likely contributed to the stock's upward movement. Additionally, the increase in institutional investor participation by 1.01% suggests growing confidence in the company's fundamentals.
In the broader market context, while Venus Remedies has outperformed the Sensex over the past month, the benchmark has seen a decline of 1.56%. This indicates that the stock's recent rise is not just a reflection of overall market trends but rather a result of its strong performance and positive financial indicators. The stock has also shown significant long-term growth, outperforming the BSE500 over various periods, which further supports its rising price amidst a generally challenging market environment.