Why is Narayana Hrudaya falling/rising?

As of 27-Jun, Narayana Hrudayalaya Ltd's stock price is rising, currently at Rs. 2,270.15, reflecting an increase of Rs. 199.35 or 9.63%. The stock has recently hit a new 52-week and all-time high of Rs. 2,371.6, showcasing strong performance with a 21.04% gain over the last six days. Additionally, the stock has outperformed its sector by 6.97% today and has demonstrated impressive returns over various periods, including an 88.86% increase over the past year and a staggering 730.04% over the last five years. The company's high management efficiency, indicated by a return on capital employed (ROCE) of 21.34%, and a low debt-to-EBITDA ratio of 1.01 times further support its strong financial health and ability to service debt, contributing positively to investor sentiment.
In the broader market context, Narayana Hrudayalaya's short-term performance significantly outpaces the benchmark, with a 1-week return of 18.05% compared to the Sensex's 2.00%. This substantial outperformance, coupled with rising investor participation—evidenced by a 103.1% increase in delivery volume—highlights strong market interest in the stock. The overall Hospital & Healthcare Services sector has also gained by 2.73%, reflecting a favorable environment for the company. The combination of these factors, including consistent gains and robust financial metrics, positions Narayana Hrudayalaya favorably in the market, driving its stock price upward.