Why is Vimta Labs falling/rising?

As of 05-Sep, Vimta Labs Ltd is experiencing a significant rise in its stock price, currently at Rs 874.10, reflecting an increase of Rs 77.0 or 9.66%. The stock has recently hit a new 52-week high of Rs 902.85, showcasing strong performance with an intraday high of 13.27%. Over the past week, the stock has surged by 31.25%, and it has demonstrated impressive long-term growth with a year-to-date increase of 75.70% and a remarkable 170.03% rise over the past year. The company has shown healthy operating profit growth and positive results for the last three consecutive quarters, contributing to investor confidence and the stock's upward trajectory.
In the broader market context, Vimta Labs has outperformed the Sensex, which has only increased by 1.13% over the past week, while Vimta's performance today outpaced its sector by 7.82%. The stock's high volatility, with an intraday fluctuation of 6.06%, indicates active trading interest, supported by a significant rise in delivery volume. This liquidity, combined with a low debt-to-equity ratio and strong sales growth, positions Vimta Labs favorably against the benchmark, reinforcing its status as a strong investment choice in both the short and long term.