Why is Zydus Wellness falling/rising?

As of 08-Aug, Zydus Wellness Ltd's stock price is currently at 1,955.00, reflecting an increase of 28.0, or 1.45%. Today's performance indicates a trend reversal as the stock has gained after four consecutive days of decline. It outperformed its sector by 2.61% and reached an intraday high of Rs 1967.2. However, the stock's recent performance over the past week shows a decline of 5.14%, and over the past month, it has decreased by 1.73%. Despite these short-term declines, the company has demonstrated positive financial metrics, including a low debt-to-equity ratio of 0.03 and significant growth in operating cash flow and profit before tax, which may contribute to investor confidence.
In the broader market context, Zydus Wellness's recent performance contrasts with the Sensex, which has only declined by 0.92% over the past week. While the stock has underperformed the benchmark over the past year with a return of -15.37% compared to the Sensex's 1.23% gain, it has shown resilience with a year-to-date increase of 0.66%. The high institutional holdings at 22.54% suggest that knowledgeable investors are backing the stock, which may provide some stability amid fluctuations. Overall, the combination of recent positive financial results and a reversal in price movement may be contributing to the current rise in Zydus Wellness's stock price.