Why is Dhanvantri Jeev. falling/rising?

As of 01-Aug, Dhanvantri Jeevan Rekha Ltd's stock price is rising, currently at 22.10, reflecting an increase of 0.9 or 4.25%. The stock has shown strong performance today, outperforming its sector by 4.8%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Additionally, there has been a rise in investor participation, with delivery volume increasing by 1.19% compared to the 5-day average. Over the past year, the stock has generated a return of 0.45%, while profits have risen by 34%, supported by a very attractive valuation with a Price to Book Value of 0.9, which is lower than its peers.
In the broader market context, Dhanvantri Jeevan Rekha Ltd has outperformed the Sensex in the short term, with a 1-week return of +4.79% compared to the benchmark's -1.06%. This positive short-term performance contrasts with the stock's year-to-date return of -1.21%, which is better than the Sensex's +3.15%. The stock's long-term performance has also been strong, with a 3-year return of +89.37% compared to the Sensex's +38.69%. Overall, the combination of attractive valuation metrics, rising investor interest, and recent outperformance against the sector and benchmark contributes to the stock's upward movement.