Why is Indrapr.Medical falling/rising?

As of 18-Aug, Indraprastha Medical Corporation Ltd's stock price is rising, currently at 459.70, with a change of 7.7 (1.7%) up. Today's price summary indicates that the stock opened with a gain of 5.06% and reached an intraday high of Rs 474.85. Despite a recent decline in delivery volume by 67.58% against the 5-day average, the stock has outperformed its sector by 1.05%. Over the past year, the stock has generated a return of 39.41%, significantly outperforming the benchmark BSE500, while its profits have risen by 21.3%. The company's strong fundamentals, including a high return on equity (ROE) of 19.57%, low debt-to-equity ratio, and consistent positive results over the last 13 quarters, contribute to its attractive valuation and positive market sentiment.
In the broader market context, the stock's short-term performance has been less favorable compared to the benchmark, with a 1-week return of -1.49% against a positive return of +0.83% for the Sensex. However, the long-term performance remains robust, with a 3-year return of 584.08% and a 5-year return of 726.80%, indicating strong growth potential. While the stock has faced some recent challenges, such as falling investor participation, its historical performance and management efficiency suggest a resilient outlook, which may be contributing to the current upward price movement.