Why is Zydus Wellness falling/rising?

As of 13-Aug, Zydus Wellness Ltd is experiencing a price increase, currently at 1,940.05, reflecting a rise of 10.0 or 0.52%. Today's price summary indicates that the stock has outperformed its sector by 0.39% and has shown a trend reversal by gaining after two consecutive days of decline. The stock reached an intraday high of Rs 1973.85, marking a 2.27% increase. However, it is important to note that the stock's performance over the past week and month has been negative, with declines of 0.88% and 3.96%, respectively. Despite a year-to-date decline of 0.11%, the company has a low debt-to-equity ratio of 0.03 times and has reported positive operating cash flow and profit growth, which may contribute to the recent upward movement.
In the broader market context, Zydus Wellness' short-term performance has been weaker compared to the Sensex, which has seen a minimal decline of 0.01% over the past week. The stock's year-over-year return of -14.96% contrasts sharply with the Sensex's positive return of 2.01%, indicating underperformance relative to the market. Despite this, the stock's high institutional holdings at 22.54% suggest confidence from larger investors, which may provide some support for the stock's price. Overall, while Zydus Wellness has shown a slight recovery today, its longer-term performance remains a concern compared to broader market trends.