Why is Fischer Medical falling/rising?

As of 09-Sep, Fischer Medical Ventures Ltd's stock price is currently at 1,135.30, reflecting an increase of 2.7 (0.24%). The stock has reached a new 52-week high of Rs 1158.95 today and has been on a consecutive gaining streak for the last seven days, resulting in an impressive 8.92% return during this period. Additionally, the company has demonstrated strong performance metrics, with a significant growth in net sales of 247.89% and a positive operating profit margin. However, despite these positive indicators, the company faces challenges such as a low return on equity (ROE) of 1.39% and a high price-to-book value ratio, which may deter some investors.
In the broader market context, Fischer Medical has outperformed the Sensex significantly over various time frames, including a 6.51% increase over the past week compared to the benchmark's 1.18%. This trend of outperformance is consistent, as the stock has generated returns of 60.05% year-to-date and 86.10% over the past year, while the Sensex has only seen a 3.79% increase in the same period. The rising investor participation, indicated by a 97.23% increase in delivery volume, further supports the stock's upward movement, suggesting a growing confidence among investors despite the company's underlying management efficiency concerns.