Why is Max Healthcare falling/rising?

As of 07-Jul, Max Healthcare Institute Ltd is experiencing a slight increase in its stock price, currently at 1,296.95, reflecting a change of 2.95 (0.23%) upward. The stock is trading close to its 52-week high, just 1.34% away from Rs 1,314.3, and is performing in line with its sector. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a significant drop in investor participation, with delivery volume falling by 74.29% against the 5-day average, the company shows strong fundamentals, including a low debt-to-equity ratio, healthy long-term growth in net sales and operating profit, and high institutional holdings at 72.32%. These factors contribute positively to the stock's recent performance, as it has consistently outperformed the BSE500 over the last three years.
In the broader market context, Max Healthcare's short-term return of +1.71% over the past week contrasts with the Sensex, which has seen a decline of -0.20%. This indicates that the stock is performing well relative to the overall market. Additionally, the stock has shown impressive returns of +10.98% over the past month and +15.03% year-to-date, significantly outpacing the Sensex's +1.53% and +6.79% respectively. The company's strong market position, with a market cap of Rs 1,25,796 crore and accounting for 22.39% of its sector, further supports its resilience and attractiveness to investors, despite the recent drop in trading volume.