Why is Rainbow Child. falling/rising?

As of 03-Jul, Rainbow Childrens Medicare Ltd is experiencing a price increase, currently at Rs 1,587.00, reflecting a rise of Rs 74.0 or 4.89%. Today's performance indicates that the stock has outperformed its sector by 3.75% and has shown a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 1,598.3, marking a 5.64% increase. Over the past week, the stock has gained 4.93%, and it has also demonstrated strong performance over longer periods, with a 22.27% return in the last year and a remarkable 234.56% increase over the last three years. The company benefits from high management efficiency, a low Debt to EBITDA ratio, and significant institutional holdings, which contribute positively to investor confidence and the stock's recent upward movement.
In the broader market context, the stock's short-term return of 4.93% over the past week contrasts sharply with the Sensex, which has declined by 0.62% during the same period. This indicates that Rainbow Childrens Medicare Ltd is not only performing well relative to its sector but also significantly outpacing the overall market. The company's strong fundamentals, including high returns on capital employed and a solid ability to service debt, further enhance its attractiveness to investors, suggesting that the recent price rise is supported by both company-specific strengths and favorable market conditions.