Why is Fortis Health. falling/rising?

As of 04-Aug, Fortis Healthcare Ltd is experiencing a price increase, with its current price at Rs 861.70, reflecting a change of 2.45 (0.29%) upward. The stock has shown strong performance, gaining 2.39% over the last three days and is currently trading close to its 52-week high, just 0.93% away from Rs 867.35. Over the past year, the stock has generated impressive returns of 70.31%, significantly outperforming the BSE500 index. Additionally, the company has a low Debt to EBITDA ratio of 1.15 times, indicating a strong ability to service its debt, and it has demonstrated healthy long-term growth with an annual operating profit increase of 30.49%. High institutional holdings at 56.97% suggest that informed investors are backing the stock, further supporting its upward movement.
In the broader market context, Fortis Healthcare's short-term return of 2.34% over the past week significantly outpaces the Sensex, which has only increased by 0.16% during the same period. This indicates that the stock is not only performing well on its own but is also gaining traction relative to the market. Despite a slight decline in investor participation, as evidenced by a 6.98% drop in delivery volume, the stock's liquidity remains sufficient for trading. Overall, the combination of strong fundamentals, consistent returns, and favorable comparisons to the benchmark contributes to the stock's rising price.