Why is Entero Healthcar falling/rising?

As of 24-Jul, Entero Healthcare Solutions Ltd is experiencing a price increase, currently at 1,262.00, reflecting a rise of 60.2 points or 5.01%. The stock has outperformed its sector by 6.52% today, reaching an intraday high of Rs 1,286, which is a 7.01% increase. Over the past week, the stock has shown a return of +5.88%, while its one-month return stands at +10.87%. Despite a year-to-date decline of -10.62%, the company has demonstrated strong fundamentals, with net sales growing at an annual rate of 30.10% and a significant increase in operating profit. The company has also reported positive results for the last five consecutive quarters, contributing to its attractive valuation with a low PEG ratio of 0.4 and high institutional holdings at 27.39%.
In the broader market context, the Sensex has shown a slight decline of -0.09% over the past week, while Entero's stock has significantly outperformed this benchmark. The stock's liquidity remains adequate, although there has been a notable decrease in investor participation, with delivery volume dropping by 84.24% against the five-day average. This decline in participation could indicate a potential concern among retail investors, despite the company's strong financial performance and positive growth indicators. Overall, the stock's recent rise can be attributed to its solid financial results and favorable market conditions, contrasting with the broader market's performance.