Why is Indrapr.Medical falling/rising?

As of 15-Sep, Indraprastha Medical Corporation Ltd's stock price is currently at 494.00, reflecting an increase of 6.0, or 1.23%. The stock has shown a positive trend today, outperforming its sector by 1.41% and reversing a two-day decline. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. Over the past week, the stock has gained 3.11%, and despite a year-to-date decline of 5.53%, it has delivered a 4.00% return over the past year, outperforming the broader market's decline of 1.33%. The company has demonstrated high management efficiency with a return on equity (ROE) of 19.57%, a low debt-to-equity ratio, and consistent positive results over the last 13 quarters, contributing to its recent price increase.
In the broader market context, the stock's short-term performance of +3.11% over the past week compares favorably to the Sensex's gain of 1.24%, suggesting that it is gaining traction relative to the market. The stock's liquidity remains adequate, although there has been a notable decline in investor participation, with delivery volume falling by 35.71% against the 5-day average. Despite this decrease in participation, the company's strong fundamentals, including a high operating profit growth rate and attractive valuation metrics, support the stock's upward movement. Overall, the combination of positive financial indicators and recent performance trends has contributed to the stock's rise.