Why is Niva Bupa Health falling/rising?

As of 14-Jul, Niva Bupa Health Insurance Company Ltd's stock price is rising, currently at Rs 91.04, reflecting an increase of Rs 2.5 or 2.82%. The stock has shown strong performance, outperforming its sector by 2.74% today and reaching an intraday high of Rs 91.26. Over the past week, the stock has increased by 8.56%, while it has risen 11.43% over the past month. The company has demonstrated robust long-term growth, with a compound annual growth rate (CAGR) of 160.87% in operating profits and a significant increase in net sales and profits, which has positively influenced investor sentiment.
In the broader market context, while the Sensex has declined by 1.42% over the past week, Niva Bupa's strong short-term performance stands in stark contrast, highlighting its resilience. The stock's liquidity remains sufficient for trading, although there has been a notable decrease in delivery volume, which fell by 65.77% against the 5-day average. Despite this decline in participation, the overall positive financial results and strong fundamentals suggest that the stock's upward movement is supported by its solid performance metrics and growth potential.