Why is Indrapr.Medical falling/rising?

As of 07-Jul, Indraprastha Medical Corporation Ltd's stock price is rising, currently at 509.25, reflecting an increase of 3.45 (0.68%). The stock has been gaining for the last three days, with a total return of 5.96% during this period. It has outperformed its sector by 0.39% today and has consistently traded above its moving averages across various time frames. Over the past week, the stock has risen by 4.89%, while over the last month, it has shown a significant increase of 18.43%. The company has demonstrated strong financial performance, with positive results for the last 12 consecutive quarters, including a 33.41% growth in profit before tax and a 31.6% increase in profit after tax. Additionally, the company maintains a high return on equity (ROE) of 19.57% and a low debt-to-equity ratio, contributing to its healthy long-term growth outlook.
In the broader market context, while the Sensex has seen a slight decline of 0.20% over the past week, Indraprastha Medical's performance stands in stark contrast, showcasing its resilience and strength. The stock's year-to-date performance shows a decline of 2.61%, compared to the Sensex's gain of 6.79%, indicating that while it has faced challenges earlier in the year, its recent upward trajectory suggests a recovery phase. The stock's impressive returns of 100.81% over the past year, coupled with consistent performance against the BSE500, further highlight its strong position in the market despite the recent drop in investor participation.