Why is Rainbow Child. falling/rising?

As of 04-Jul, Rainbow Childrens Medicare Ltd's stock price is currently at 1,601.30, reflecting an increase of 14.3 points or 0.9%. The stock has been gaining momentum, having risen 5.84% over the last two days, and it reached an intraday high of Rs 1639, which is a 3.28% increase. Additionally, the stock has shown strong performance over various periods, with a 21.54% return over the past year and a remarkable 240.38% increase over the last three years, significantly outperforming the benchmark indices. The company also demonstrates high management efficiency with a return on capital employed (ROCE) of 20.02% and a low debt to EBITDA ratio of 0.86, indicating a strong ability to service debt. Furthermore, high institutional holdings at 39.01% suggest confidence from more sophisticated investors, which can positively influence the stock's movement.
In the broader market context, the stock's short-term performance has been notably better than the benchmark, with a 5.97% increase over the past week compared to a decline of 0.74% in the Sensex. This outperformance in both the short and long term reinforces the stock's appeal among investors. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 18.64% against the five-day average, which could indicate a potential concern for future price stability. Despite this, the overall liquidity remains adequate for trading, supporting the stock's current upward trajectory.