Why is Global Health falling/rising?

As of 23-Jul, Global Health Ltd's stock price is currently at 1,312.85, reflecting an increase of 22.85 or 1.77%. The stock has recently shown a trend reversal, gaining after three consecutive days of decline. It is currently 2.83% away from its 52-week high of Rs 1349.95 and has outperformed its sector by 0.39% today. Over the past month, the stock has risen by 13.37%, significantly outpacing the Sensex, which increased by only 1.01%. Additionally, the stock's performance year-to-date shows a gain of 21.22%, compared to the Sensex's 5.87%. The company benefits from high management efficiency, indicated by a return on equity (ROE) of 15.90%, and a low debt-to-equity ratio, which supports its stability and growth potential. Furthermore, high institutional holdings at 23.74% suggest that knowledgeable investors are backing the stock, contributing to its positive momentum.
In the broader market context, while Global Health's stock has experienced a short-term decline of 1.88% over the past week, it has still managed to outperform the Sensex, which has seen a slight increase of 0.11% during the same period. This indicates that despite recent fluctuations, the stock is maintaining a relatively strong position compared to the overall market. The rising investor participation, with a 29.16% increase in delivery volume, further underscores the stock's liquidity and attractiveness to investors. Overall, the combination of strong fundamentals, positive investor sentiment, and recent price movements suggests that the stock is on an upward trajectory, despite the recent short-term challenges.