Why is Niva Bupa Health falling/rising?

As of 22-Jul, Niva Bupa Health Insurance Company Ltd's stock price is currently at 88.85, reflecting a slight increase of 0.2 (0.23%). The stock's performance today is in line with its sector, and it is trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages, although it is lower than the 5-day moving average. Despite a recent decline in investor participation, with delivery volume falling by 56.01% against the 5-day average, the stock has demonstrated strong long-term fundamentals, including a remarkable 160.87% CAGR growth in operating profits and a net sales growth rate of 30.60%. The company reported very positive results in March 2025, with net profit growth of 1456.5%, which has likely contributed to the stock's upward movement.
In the broader market context, the stock's one-week return is slightly negative at -0.03%, while the benchmark Sensex has declined by 0.47%. However, over the past month, Niva Bupa has outperformed the benchmark with a return of +9.30% compared to the Sensex's -0.27%. This indicates that while the stock has faced some short-term challenges, its strong long-term growth prospects and positive quarterly results have helped maintain investor interest and support its price increase in the face of broader market fluctuations.