Why is Abbott India falling/rising?

As of 10-Jul, Abbott India Ltd. has experienced a price increase, currently standing at Rs 34,635.00, reflecting a rise of Rs 371.7 or 1.08%. The stock has shown a trend reversal, gaining after four consecutive days of decline. It is currently 3.71% away from its 52-week high of Rs 35,921.55 and has outperformed its sector by 1.65%. Over the past month, the stock has increased by 9.37%, and it has generated a substantial return of 23.08% over the last year, outperforming the BSE500 index in both the short and long term. The company maintains a high management efficiency with a return on equity (ROE) of 32.53% and a low debt-to-equity ratio, which supports its positive performance.
In the broader market context, Abbott India's recent performance contrasts with the benchmark Sensex, which has seen a minimal decline of 0.06% over the past week. Despite a drop in delivery volume by 11.61% against the 5-day average, the stock remains liquid enough for trading, indicating continued investor interest. The stock's strong performance over various time frames, including a 77.74% increase over three years, suggests that it has been resilient in a fluctuating market. Overall, the combination of solid management efficiency, low debt levels, and consistent market-beating returns contributes to the stock's rising price.