Why is Venus Remedies falling/rising?

As of 30-Jul, Venus Remedies Ltd is experiencing a price increase, currently at Rs 522.80, reflecting a rise of 10.25 or 2.0%. The stock has shown a positive trend today, outperforming its sector by 1.66% and reversing a two-day decline. It reached an intraday high of Rs 522.80, and 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 0.77%, while its performance over the last month shows a significant increase of 13.65%. The company's strong fundamentals, including a low debt-to-equity ratio and a remarkable 99.81% growth in net profit, have contributed to its positive momentum. Additionally, the increasing participation of institutional investors, who have raised their stake by 1.01%, indicates growing confidence in the company's prospects.
Broader Market Context: In contrast to the broader market, represented by the Sensex, which has declined by 1.50% over the past week and 2.54% over the past month, Venus Remedies has demonstrated resilience and strong performance. The stock's year-to-date return of 65.89% significantly outpaces the Sensex's 4.28% gain, highlighting its market-beating performance over both the short and long term. This divergence suggests that while the overall market may be facing challenges, Venus Remedies is capitalizing on its strong financial results and positive investor sentiment, leading to its rising stock price.