Why is Soni Medicare falling/rising?

As of 03-Jul, Soni Medicare Ltd's stock price is currently at Rs 53.99, reflecting an increase of Rs 2.09 or 4.03%. The stock has been on an upward trend, gaining for the last four days and achieving a return of 12.48% over the past week. Today's performance shows that it outperformed its sector by 2.89%. The stock reached an intraday high of Rs 54.3, although it also experienced a low of Rs 49.31 during the day, indicating a wide trading range. Despite the positive price movement, there has been a decline in investor participation, with delivery volume falling by 23.91% compared to the five-day average. The company has a strong one-year return of 111.15%, significantly higher than the market average, and its attractive valuation is supported by a return on capital employed (ROCE) of 7.7 and a favorable enterprise value to capital employed ratio of 3.2.
In the broader market context, Soni Medicare's short-term performance has significantly outpaced the benchmark, with a 12.48% increase over the past week compared to a decline of 0.62% in the Sensex. While the stock has shown impressive returns year-to-date and over the past year, it is important to note the underlying concerns, such as a high debt-equity ratio of 6.6 and a low return on equity of 1.73%, which indicate potential long-term fundamental weaknesses. These factors could impact investor sentiment moving forward, despite the current positive momentum in the stock price.