Why is Global Health falling/rising?

As of 14-Aug, Global Health Ltd's stock price is currently at 1,375.00, reflecting an increase of 20.0 points or 1.48%. The stock has shown a positive trend today, outperforming its sector by 1.91% and reversing a three-day decline. It reached an intraday high of Rs 1,383.15, indicating strong intraday performance. Over the past week, the stock has gained 3.83%, while its year-to-date return stands at an impressive 26.96%. The company benefits from high management efficiency, a low debt-to-equity ratio, and robust long-term growth, with operating profit increasing at an annual rate of 33.58%. However, it faces challenges due to a high valuation and a PEG ratio of 3.5, suggesting that the stock may be trading at a premium compared to its peers.
In the broader market context, while the Sensex has shown a slight decline of 0.03% over the past week, Global Health's performance has significantly outpaced this benchmark. The stock's ability to generate a return of 29.14% over the past year, compared to the market's negative return of -0.57%, highlights its resilience and attractiveness to investors. Despite a recent drop in investor participation, the stock remains liquid enough for substantial trades, indicating continued interest from institutional investors who hold 23.74% of the company. This combination of strong fundamentals and market-beating performance contributes to the stock's upward movement.