Why is Krsnaa Diagnost. falling/rising?

As of 10-Jul, Krsnaa Diagnostics Ltd is experiencing a price increase, with its current price at 806.75, reflecting a rise of 8.75 or 1.1%. The stock has been on an upward trend, gaining for the last seven days and achieving a total return of 15.58% during this period. Despite opening lower today with a loss of 2.01%, it reached an intraday high of Rs 819, indicating strong intraday volatility. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests positive momentum. Additionally, the company has shown impressive financial performance, with a 41.47% growth in PAT over the last nine months and a very attractive valuation indicated by a PEG ratio of 0.9, contributing to investor confidence and recent price increases.
In the broader market context, Krsnaa Diagnostics has outperformed the benchmark Sensex, which has seen a slight decline of 0.06% over the past week, while the stock itself has surged by 13.47%. This strong performance relative to the market highlights investor interest and confidence in the company, particularly given its significant returns of 19.52% over the past year compared to the market's 1.46%. The rising investor participation, as evidenced by a 3.69% increase in delivery volume, further supports the stock's upward movement, indicating that more investors are willing to hold the stock despite its recent fluctuations.