Why is Vimta Labs falling/rising?

As of 18-Jul, Vimta Labs Ltd is experiencing a significant rise in its stock price, currently at 525.90, with an increase of 55.75, representing an 11.86% gain. The stock has shown strong performance today, outperforming its sector by 12.18% and opening with a gain of 2.1%. It reached an intraday high of Rs 544.8, reflecting a 15.88% increase. Over the past week, the stock has risen by 16.62%, while it has also demonstrated impressive returns over longer periods, including a 96.67% increase in the last year and a remarkable 163.58% rise over the past three years. The company’s low debt-to-equity ratio and robust operating profit growth of 56.34% annually further bolster investor confidence, contributing to the stock's upward movement.
In the broader market context, Vimta Labs' short-term performance stands in stark contrast to the Sensex, which has declined by 0.90% over the past week. This divergence highlights Vimta Labs' strong market position and investor interest, as evidenced by a 132.22% increase in delivery volume compared to the five-day average. The stock's liquidity is also favorable, allowing for substantial trading activity. Overall, Vimta Labs' consistent outperformance against benchmarks and its positive financial indicators suggest a strong growth trajectory, which is likely driving the current rise in its stock price.