Why is Zydus Wellness falling/rising?

As of 05-Sep, Zydus Wellness Ltd is experiencing a slight increase in its stock price, currently at 2,422.30, reflecting a change of 3.5 (0.14%) upward. The stock has recently hit a new 52-week high of Rs. 2515 and has shown strong performance, gaining 20.36% over the past week and 22.14% over the past month. It has consistently outperformed its sector by 1.03% today and has been on a consecutive gain streak for the last five days. The stock is trading above all its moving averages, indicating a bullish trend. Additionally, the company has a low debt-to-equity ratio and has reported positive financial results, including a significant increase in operating cash flow and profit before tax, which supports its fair valuation and attractiveness to investors.
In the broader market context, Zydus Wellness has outperformed the Sensex, which has only increased by 1.13% over the past week, while Zydus has surged by 20.36%. This strong performance is further supported by high institutional holdings at 22.54%, suggesting confidence from larger investors who can analyze the company's fundamentals effectively. The stock's ability to generate returns of 7.42% over the past year, alongside a robust performance in the last three years, positions it favorably against market benchmarks. Overall, the combination of positive financial metrics, strong recent performance, and favorable investor sentiment contributes to the stock's rising trajectory.