Why is Fischer Medical falling/rising?

As of 24-Oct, Fischer Medical Ventures Ltd is experiencing a price increase, currently at Rs 104.40, reflecting a rise of Rs 2.35 or 2.3%. The stock has shown strong performance recently, gaining 11.48% over the past week and outperforming its sector by 2.4% today. It has also seen a consecutive gain over the last four days, with an intraday high of Rs 107.8, indicating positive momentum. Despite a decrease in delivery volume by 61.09% against the 5-day average, the stock remains liquid enough for trading. The company has demonstrated impressive growth, with net sales increasing by 247.89% and a significant operating profit margin, contributing to its strong performance in both the short and long term.
In the broader market context, Fischer Medical's recent short-term return of 11.48% significantly outpaces the Sensex, which only gained 0.31% over the same period. This outperformance is indicative of the stock's strong fundamentals and market position, as it has generated a remarkable 64.41% return over the past year, compared to the Sensex's 5.18%. The company's low debt-to-equity ratio and substantial growth in net sales further bolster investor confidence, suggesting that the stock's upward trajectory is supported by solid financial health and market performance.