Why is Indrapr.Medical falling/rising?

As of 30-Jun, Indraprastha Medical Corporation Ltd's stock price is rising, currently at 485.50, reflecting an increase of 34.5 or 7.65%. The stock has outperformed its sector today by 8.1% and has shown a consecutive gain over the last two days, with a total return of 19.05% during this period. The stock reached an intraday high of Rs 502.4, indicating strong upward momentum. Additionally, it has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a positive trend. The company has demonstrated high management efficiency with a return on equity (ROE) of 19.57% and a low debt-to-equity ratio, contributing to a healthy long-term growth outlook as evidenced by a 30.21% annual growth rate in operating profit. Furthermore, the company has consistently reported positive results over the last 12 quarters, with significant growth in profit after tax and profit before tax.
In the broader market context, the stock has shown a remarkable short-term return of 23.51% over the past week, significantly outperforming the Sensex, which only increased by 2.09% during the same period. Year-to-date, however, the stock is down 7.15%, contrasting with the Sensex's gain of 7.00%. Despite this, the stock's impressive one-year return of 103.56% highlights its strong performance relative to the benchmark, which increased by only 5.79%. The rising investor participation, evidenced by a substantial increase in delivery volume, further supports the stock's upward movement, indicating growing confidence among investors.