Why is Krsnaa Diagnost. falling/rising?

As of 18-Sep, Krsnaa Diagnostics Ltd is currently priced at 852.45, reflecting an increase of 2.45 or 0.29%. The stock has shown a positive performance today, outperforming its sector by 0.4%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. However, there has been a decline in investor participation, with delivery volume falling by 25.45% against the 5-day average. Despite this, the company has a low debt-to-equity ratio of 0.05, strong financial metrics such as a 22.17% growth in PAT over the last nine months, and a favorable valuation compared to peers, which supports the stock's upward movement.
In the broader market context, Krsnaa Diagnostics has generated a return of 2.30% over the past year, which is better than the BSE500's 0.08% return during the same period. However, its year-to-date performance is lagging behind the benchmark, with a decline of 3.13% compared to the Sensex's gain of 6.24%. While the stock has shown strong long-term performance, outperforming the market over three years, concerns about poor long-term growth due to a 14.27% annual growth rate in operating profit over the last five years may temper investor enthusiasm. Overall, the stock's recent rise can be attributed to its solid financial performance and attractive valuation, despite some short-term liquidity challenges.