Why is Health.Global falling/rising?

As of 02-Sep, Healthcare Global Enterprises Ltd is experiencing a slight increase in its stock price, currently at Rs 671.20, reflecting a change of 2.0 (0.3%) upward. The stock opened with a gain of 2.91% today and reached an intraday high of Rs 688.7. Despite this positive movement, the stock is still 4.39% away from its 52-week high of Rs 700.65. Over the past month, the stock has shown a strong performance with a return of +9.68%, significantly outperforming the Sensex, which declined by 0.55%. However, it is important to note that the stock has experienced a decline of 2.21% over the past week. While the stock has generated a remarkable return of 73.71% over the last year, it has also faced challenges, including a 24.9% drop in profits, which may impact investor sentiment.
In the broader market context, the stock's recent performance is notable as it has outperformed the benchmark indices over various time frames, including a 149.38% return over the last three years compared to the Sensex's 36.32%. However, the stock's liquidity appears to be a concern, with a significant drop in delivery volume by 36.73% against the 5-day average. Additionally, the high level of pledged promoter shares, which has increased by 83.01% over the last quarter, may exert downward pressure on the stock in a volatile market. The company's weak long-term fundamentals, indicated by a high Debt to EBITDA ratio and a declining Return on Capital Employed, further complicate its outlook, suggesting that while the stock may be rising in the short term, underlying issues could pose risks moving forward.