Why is Narayana Hrudaya falling/rising?

As of 17-Nov, Narayana Hrudayalaya Ltd's stock price is rising, currently at 2,027.90, reflecting an increase of 274.35 or 15.65%. The stock opened with a gain of 4.7% today and reached an intraday high of Rs 2,094.3, indicating strong upward momentum. Over the past week, the stock has outperformed the benchmark Sensex, with a return of 11.89% compared to the Sensex's 1.69%. Additionally, the stock has shown impressive long-term performance, with a year-to-date return of 59.77% and a three-year return of 170.17%. The company's strong fundamentals, including a 92.27% CAGR growth in operating profits and a low Debt to EBITDA ratio of 1.01 times, contribute positively to its recent price movement.
In the broader market context, Narayana Hrudayalaya's performance is significantly stronger than the Sensex, which has only gained 1.19% over the past month. The healthcare sector, in which the company operates, has also seen a positive movement, gaining 2.56%. However, there are some concerns regarding falling investor participation, as indicated by a 53.85% decrease in delivery volume compared to the five-day average. Despite this, the stock remains liquid enough for trading, suggesting that investor interest may still be present. Overall, the combination of strong company fundamentals and favorable sector performance has driven the stock's recent rise.