Why is Dhanvantri Jeev. falling/rising?

As of 22-Sep, Dhanvantri Jeevan Rekha Ltd's stock price is rising, currently at Rs. 26.25, reflecting an increase of 1.25 (5.0%). The stock has recently hit a new 52-week high and has outperformed its sector by 5.43%. It has been gaining for the last two days, with a total return of 7.49% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Despite a significant drop in delivery volume, the stock's attractive valuation, with a Price to Book Value of 1.1 and a PEG ratio of 0.2, suggests it is trading at a discount compared to peers, contributing to its positive performance.
In the broader market context, Dhanvantri Jeevan Rekha Ltd has shown impressive returns compared to the Sensex, with a 1-week return of 18.46% versus the Sensex's 0.46%. Over the past year, while the stock has generated a return of 25.90%, the Sensex has declined by 2.82%, highlighting the stock's strong market-beating performance. This trend is further supported by the company's consistent profit growth of 13% over the same period, reinforcing investor confidence and contributing to the stock's rising price.