Why is Shanmuga Hos. falling/rising?

As of 23-Sep, Shanmuga Hospital Ltd's stock price is currently at Rs 48.00, reflecting an increase of Rs 2.55, or 5.61%. The stock has shown a positive trend today, outperforming its sector by 6.08% and reversing a two-day decline. It opened with a significant gain of 9.75% and reached an intraday high of Rs 50, indicating strong buying interest. However, despite this positive movement, there has been a notable drop in investor participation, with delivery volume falling by 89.13% compared to the five-day average. The stock is trading above its moving averages across various time frames, suggesting a bullish trend, although specific positive or negative factors are not available to provide further context.
In the broader market context, Shanmuga Hospital Ltd's performance over the past week shows a gain of 2.24%, contrasting with the Sensex, which has declined by 0.34%. This indicates that the stock is performing well relative to the benchmark in the short term. However, over the past month, the stock has decreased by 1.94%, while the Sensex has increased by 0.98%, highlighting a mixed performance when viewed over a longer timeframe. Overall, while the stock is experiencing a rise today, its recent performance against the benchmark suggests volatility and the need for cautious observation moving forward.