Why is Venus Remedies falling/rising?

As of 03-Sep, Venus Remedies Ltd's stock price is currently at 468.00, reflecting an increase of 5.8, or 1.25%. The stock has been gaining for the last two days, with a total return of 3.08% during this period. Despite a recent decline of 10.69% over the past month, the stock has shown strong performance year-to-date with a return of 48.50%. The company has reported positive financial results over the last three consecutive quarters, including a significant growth in profit after tax and a high return on capital employed, which contribute to its attractive valuation. Additionally, institutional investors have increased their stake, indicating confidence in the company's fundamentals.
In the broader market context, Venus Remedies' recent performance contrasts with the Sensex, which has seen a slight decline of 0.27% over the past week. While the stock has underperformed the benchmark in the short term, it has outperformed the Sensex over longer periods, including a 38.46% return over the past year compared to the benchmark's decline of 2.41%. This long-term outperformance, coupled with increasing institutional interest and strong financial metrics, suggests that the stock's recent rise may be driven by positive sentiment and confidence in its future prospects.