Why is Vimta Labs falling/rising?

As of 19-Aug, Vimta Labs Ltd is experiencing a price increase, currently at 666.05, with a change of 2.35 (0.35%) upwards. The stock has shown strong performance recently, gaining 8.65% over the past week and 26.65% over the past month. It has also outperformed its sector by 0.32% today and has been on a consecutive gain streak for the last four days. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the company has a low debt-to-equity ratio of 0.03 times and has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 78.76%. Recent positive results, including the highest quarterly PBDIT and net sales, further support the stock's upward movement.
In the broader market context, Vimta Labs has significantly outperformed the benchmark, with a year-to-date return of 33.88% compared to the Sensex's 4.49%. Over the past year, Vimta Labs has achieved a remarkable 167.19% return, while the Sensex has only increased by 1.52%. This strong performance relative to the benchmark highlights the stock's resilience and attractiveness to investors, contributing to rising investor participation, as evidenced by a 33.64% increase in delivery volume. Overall, the combination of strong company fundamentals and superior market performance has driven Vimta Labs' stock price upward.