Why is Sakar Healthcare falling/rising?

As of 17-Sep, Sakar Healthcare Ltd's stock price is currently at 339.90, reflecting a slight increase of 0.1 (0.03%). The stock has shown a mixed performance recently, with a 1-week decline of 0.32% while gaining 4.38% over the past month. It is currently trading above its 5-day, 20-day, 100-day, and 200-day moving averages, although it is below the 50-day moving average. The company has reported positive results for the last three consecutive quarters, with a significant growth in profit after tax and net sales, contributing to a strong year-to-date return of 14.66%. Additionally, high institutional holdings at 24.66% suggest confidence from knowledgeable investors, which may support the stock's stability and potential for growth.
In the broader market context, Sakar Healthcare's recent performance contrasts with the benchmark Sensex, which has increased by 1.43% over the past week. While the stock has underperformed the benchmark in the short term, it has outperformed it over longer periods, including a 3-year return of 56.24% compared to the Sensex's 44.49%. This long-term outperformance, combined with the company's strong financial results and institutional support, indicates a positive outlook despite the recent short-term fluctuations.