Why is Aatmaj Health falling/rising?

As of 16-Oct, Aatmaj Healthcare Ltd's stock price is rising, currently at 22.10, reflecting an increase of 1.1 or 5.24%. The stock has shown strong performance today, outperforming its sector by 4.55%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Over the past week, the stock has gained 10.22%, significantly outperforming the Sensex, which only increased by 1.60%. However, it is important to note that the stock has a year-to-date decline of 7.53% and a one-year decline of 15.97%, suggesting that while recent movements are positive, the stock has faced challenges over a longer period.
In the broader market context, Aatmaj Healthcare's short-term performance is notably stronger than the benchmark, as it has outperformed the Sensex in both the one-week and one-month periods. The Sensex has only shown modest gains of 1.60% over the past week and 1.37% over the past month, while Aatmaj Healthcare has achieved much higher returns in these time frames. This divergence indicates that investor sentiment towards Aatmaj Healthcare is improving relative to the overall market, contributing to the stock's upward movement despite its longer-term struggles.