Why is Health.Global falling/rising?

As of 26-Aug, Healthcare Global Enterprises Ltd is experiencing a price increase, currently at Rs 686.35, reflecting a rise of 7.45 or 1.1%. The stock has shown strong performance recently, gaining 2.71% over the past week and 20.41% over the past month. It is currently trading close to its 52-week high, just 2.08% away from Rs 700.65, and has outperformed its sector by 2.11%. Despite these positive indicators, the stock's delivery volume has significantly decreased by 83.01% against the 5-day average, which may indicate a decline in investor participation. Additionally, while the stock has generated a remarkable return of 71.91% over the past year, its profits have fallen by 24.9%, raising concerns about its long-term sustainability.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has declined by 1.05% over the past week and 0.83% over the past month. This indicates that Healthcare Global Enterprises Ltd is not only outperforming the market in the short term but also in the long term, with a 40.59% year-to-date return compared to the Sensex's 3.39%. However, the company faces challenges such as a high Debt to EBITDA ratio and a significant proportion of pledged promoter shares, which could exert downward pressure on its stock price in a falling market. Despite these risks, the stock's attractive valuation and strong historical performance may continue to attract investors.