Why is Zydus Wellness falling/rising?

As of 03-Sep, Zydus Wellness Ltd is experiencing a price increase, currently at 2,319.05, reflecting a rise of 86.55 or 3.88%. The stock has recently hit a new 52-week high of Rs. 2350 and has outperformed its sector by 4.36%. Over the last three days, the stock has gained 15.23%, and it is trading above all key moving averages, indicating strong momentum. Additionally, the company has shown positive financial indicators, including a low debt-to-equity ratio of 0.03 times and significant growth in operating cash flow and profit before tax. High institutional holdings at 22.54% suggest confidence from knowledgeable investors, further supporting the stock's upward movement.
In the broader market context, Zydus Wellness has significantly outperformed the Sensex, with a one-week return of +14.88% compared to the benchmark's -0.27%. This trend of outperformance is consistent over the past month and year-to-date, where the stock has shown returns of +12.53% and +19.41%, respectively, while the Sensex has remained flat. The strong performance relative to the benchmark indicates that investor sentiment towards Zydus Wellness is positive, bolstered by its solid financial results and rising investor participation.