Why is Krishna Institu. falling/rising?

As of 10-Jul, Krishna Institute of Medical Sciences Ltd is experiencing a rise in its stock price, currently at Rs. 713.00, reflecting an increase of 1.2 (0.17%). The stock has recently hit a new 52-week high of Rs. 715 and has shown strong performance, gaining 6.42% over the last six days. In terms of returns, the stock has outperformed the Sensex significantly, with a 1-week return of +5.63% compared to the benchmark's -0.06%, and a year-to-date return of +18.64% versus the Sensex's +6.46%. The company also boasts a high management efficiency with a return on capital employed (ROCE) of 22.99% and a low debt to EBITDA ratio of 1.23 times, indicating strong financial health and the ability to service debt effectively. Additionally, high institutional holdings at 47.4% suggest confidence from knowledgeable investors.
In the broader market context, the stock's recent performance stands in stark contrast to the Sensex, which has seen minimal movement. The stock's ability to generate substantial returns over the past year, at +64.45%, further emphasizes its market-beating performance compared to the benchmark's +4.09%. Despite a slight decline in investor participation, with delivery volume falling by 9.73% against the 5-day average, the liquidity remains adequate for trading. Overall, the combination of strong financial metrics, consistent performance, and institutional backing contributes to the stock's upward trajectory in a relatively stagnant market environment.