Why is Abbott India falling/rising?

As of 18-Jul, Abbott India Ltd. is experiencing a price increase, with its current price at 34,183.35, reflecting a change of 90.3 or 0.26% upward. The stock has shown a positive performance today, outperforming its sector by 0.81% and has been gaining for the last two days, with a total return of 0.54% during this period. Over the past month, Abbott India has delivered an impressive return of 8.48%, significantly outpacing the benchmark Sensex, which only rose by 0.38%. The company also boasts a high management efficiency with a return on equity (ROE) of 32.53% and a low debt-to-equity ratio, which contributes to its strong market position.
In the broader market context, Abbott India's short-term performance is favorable compared to the benchmark, as it has outperformed the Sensex over the past week, with a decline of only 0.60% compared to the Sensex's 0.90% drop. Additionally, the stock has shown remarkable long-term performance, generating a 19.11% return over the past year and outperforming the BSE500 in various time frames. The rising investor participation, indicated by a significant increase in delivery volume, further supports the stock's upward movement, suggesting strong market confidence in Abbott India Ltd.