Why is Dr Agarwal's Hea falling/rising?

As of 10-Jul, Dr Agarwals Health Care Ltd is experiencing a price increase, currently at Rs 437.80, which reflects a rise of 5.25 or 1.21%. The stock has been on an upward trend, gaining for the last seven days and achieving a total return of 9.12% during this period. It has outperformed its sector by 2.21% today, with an intraday high of Rs 442.75. However, it also touched a low of Rs 422.05, indicating some volatility. The stock is trading above its moving averages across various time frames, suggesting a positive momentum. Despite these gains, there has been a notable decline in investor participation, with delivery volume falling by 75.1% compared to the five-day average, which may raise concerns about sustainability.
In the broader market context, Dr Agarwals Health Care Ltd has outperformed the Sensex over the past week, with a return of 6.39% compared to the benchmark's slight decline of 0.06%. Over the past month, the stock has also shown strong performance with a return of 16.87%, while the Sensex has only increased by 0.97%. This indicates that the stock is gaining traction relative to the overall market, reflecting positive sentiment among investors despite the drop in trading volume. The liquidity of the stock remains adequate for trading, which may support its continued price movement.