Why is Soni Medicare falling/rising?

As of 16-Jul, Soni Medicare Ltd is experiencing a slight decline in its stock price, currently at 57.95, reflecting a decrease of 0.08 or 0.14%. Despite this minor drop, the stock has shown strong performance over various periods, with a 1-week return of 1.76%, a 1-month return of 10.38%, and an impressive year-to-date return of 77.54%. The stock is trading above its 5-day, 20-day, 100-day, and 200-day moving averages, although it is below the 50-day moving average. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 31.81% compared to the 5-day average, indicating growing interest. However, the company faces challenges, including a high debt-to-equity ratio of 6.6 times and reported losses, which contribute to its weak long-term fundamental strength.
In the broader market context, Soni Medicare's recent performance stands out against the benchmark, as it has outperformed the BSE500, which has only returned 0.47% over the past year. The stock's strong returns of 116.64% in the last year significantly exceed the market average, highlighting its market-beating performance. However, the company's high debt levels and low ability to service that debt may create concerns for investors, potentially impacting future stock performance. Overall, while the stock has shown resilience and strong returns, the underlying financial challenges could be contributing to the current price movement.