Why is Abbott India falling/rising?

As of 03-Jul, Abbott India Ltd. is experiencing a slight increase in its stock price, currently at Rs. 35,215.00, reflecting a change of 45.0 points or 0.13% upward. The stock has shown strong performance recently, with a 1-week return of 5.91% and a 1-month return of 12.11%. Notably, it hit a new 52-week and all-time high of Rs. 35,921.55 today, although it underperformed its sector by 0.35%. The stock has been gaining for the last two days, with a total increase of 1.45% during this period. Additionally, Abbott India maintains a high management efficiency with a return on equity (ROE) of 32.53% and a low debt-to-equity ratio, contributing positively to investor sentiment.
In the broader market context, Abbott India has significantly outperformed the benchmark Sensex, which has seen a decline of 0.62% over the past week while Abbott's returns have been robust. The stock's year-to-date performance shows an 18.68% increase compared to the Sensex's 6.53%. Despite the positive trends, there is a noted decline in investor participation, with delivery volume falling by 68.86% against the 5-day average, which could indicate caution among investors. Overall, the combination of strong historical performance, efficient management, and recent price movements suggests a favorable outlook for Abbott India, even as some short-term indicators show signs of reduced trading activity.