Why is Venus Remedies falling/rising?

As of 02-Sep, Venus Remedies Ltd is experiencing a price increase, currently at Rs 462.20, reflecting a rise of 8.2 points or 1.81%. The stock has shown a trend reversal, gaining after five consecutive days of decline, and today it outperformed its sector by 1.88%. Despite a recent decline of 11.79% over the past month, the stock has generated a significant year-to-date return of 46.66% and a one-year return of 37.15%. Positive financial results over the last three quarters, including a remarkable growth in profit after tax and a strong return on capital employed, have contributed to its attractive valuation. Additionally, an increase in institutional investor participation suggests growing confidence in the company's fundamentals.
In the broader market context, while Venus Remedies has outperformed the benchmark Sensex in the long term, it has underperformed in the short term, with a weekly decline of 3.91% compared to the Sensex's 0.78% decline. This indicates that while the stock has shown resilience and growth over a longer period, it has faced recent challenges relative to the market. The liquidity of the stock remains adequate, although there has been a notable decrease in delivery volume, which may reflect some caution among investors. Overall, the combination of positive financial indicators and institutional interest supports the stock's recent upward movement despite short-term volatility.