Why is Zydus Wellness falling/rising?

As of 04-Sep, Zydus Wellness Ltd's stock price is rising, currently at 2,418.80, reflecting an increase of 99.75 or 4.3%. The stock has recently hit a new 52-week high of Rs. 2450 and has outperformed its sector by 3.55%. Over the last four days, the stock has gained 20.19%, and it is trading above all key moving averages, indicating strong momentum. Additionally, the company has shown positive financial performance with significant growth in operating cash flow and profit before tax, alongside a low debt-to-equity ratio and high institutional holdings, which suggest confidence from larger investors.
In the broader market context, Zydus Wellness has demonstrated impressive short-term performance, with a 1-week return of 18.80% compared to a modest 0.80% gain in the Sensex. Year-to-date, the stock has risen by 24.54%, significantly outperforming the benchmark's 3.30% increase. This strong performance, coupled with rising investor participation and liquidity, indicates a favorable sentiment towards the stock, contrasting with the overall market trends where the Sensex has shown weaker performance in the past month and year.