Why is Fortis Health. falling/rising?

As of 22-Jul, Fortis Healthcare Ltd's stock price is rising, currently at 810.70, reflecting an increase of 8.05 or 1.0%. The stock has recently hit a new 52-week high of Rs. 817.25 and has outperformed its sector by 0.26%. Over the past week, the stock has gained 1.22%, and in the last month, it has risen by 7.40%. The stock has also shown strong performance over the past year, with a return of 64.88%, significantly outperforming the BSE500 index. The company benefits from a low Debt to EBITDA ratio of 1.15, indicating a strong ability to service debt, and has experienced healthy long-term growth with an annual operating profit increase of 30.49%. Additionally, high institutional holdings at 56.87% suggest confidence from knowledgeable investors, contributing to the stock's upward movement.
In the broader market context, Fortis Healthcare's short-term performance stands in contrast to the Sensex, which has declined by 0.47% over the past week. This divergence highlights the stock's resilience and attractiveness to investors, particularly as it has consistently generated returns over the last three years, outperforming the benchmark in each of the last three annual periods. The rising investor participation, indicated by an increase in delivery volume, further supports the stock's positive momentum, suggesting that market sentiment remains strong despite broader market challenges.