Why is Fortis Malar falling/rising?

As of 08-Sep, Fortis Malar Hospitals Ltd is experiencing a price increase, currently at 68.89, reflecting a rise of 1.12 or 1.65%. The stock has shown positive momentum, having outperformed its sector by 1.97% today, and it has gained consecutively over the last two days with a total return of 2.44% during this period. Additionally, the stock's performance over the past year has been strong, with a 14.82% increase, while year-to-date returns stand at 12.93%. The rising investor participation is notable, with a delivery volume increase of 28.73% against the 5-day average, indicating heightened interest in the stock.
In the broader market context, Fortis Malar's short-term performance of 2.27% over the past week significantly outpaces the Sensex, which has only risen by 0.53% during the same period. This suggests that the stock is gaining traction relative to the overall market. However, it is important to note that the stock's performance over longer periods, such as 3 years and 5 years, lags behind the benchmark, which may indicate some volatility or challenges in sustaining growth compared to the broader market trends. Overall, the recent positive movements in price and investor engagement contribute to the stock's upward trajectory.