Why is Krsnaa Diagnost. falling/rising?

As of 04-Sep, Krsnaa Diagnostics Ltd is experiencing a rise in its stock price, currently at Rs 830.50, reflecting an increase of Rs 18.45 or 2.27%. The stock has been on an upward trend for the last four days, gaining a total of 5.28% during this period. It has outperformed its sector by 1.4% today and reached an intraday high of Rs 851.65. Additionally, Krsnaa Diagnostics is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. The company has shown positive financial performance, with a low debt-to-equity ratio and significant profit growth, contributing to its attractive valuation compared to peers. However, there are concerns regarding its long-term growth potential, as operating profit has only grown at an annual rate of 14.27% over the last five years.
In the broader market context, Krsnaa Diagnostics has outperformed the benchmark Sensex in the short term, with a 1-week return of +5.05% compared to the Sensex's +0.80%. While the stock has faced a slight decline of 1.45% over the past month, its year-to-date performance shows a decrease of 5.62%, contrasting with the Sensex's increase of 3.30%. Despite this, the stock's strong performance over the last year, with a return of 14.02%, highlights its resilience and ability to outperform the broader market in the long term.