Why is Soni Medicare falling/rising?

As of 13-Aug, Soni Medicare Ltd's stock price is currently at 56.97, reflecting an increase of 1.11 or 1.99%. The stock has recently experienced a trend reversal, gaining after seven consecutive days of decline. Despite today's performance underperforming the sector by 1.84%, the stock has shown resilience with a year-to-date return of 74.54% and a remarkable 127.97% return over the past year, significantly outperforming the broader market. However, the company faces challenges, including a high debt-to-equity ratio of 6.6 times and a low ability to service debt, which may impact investor sentiment despite its attractive valuation and strong profit growth.
In the broader market context, while Soni Medicare has outperformed the BSE500 index, which has generated negative returns of -0.64% over the past year, the stock's recent underperformance in the short term, as indicated by a 1.28% decline over the past week compared to a flat Sensex, suggests a mixed sentiment among investors. The hospital and healthcare services sector has gained by 3.61%, indicating some positive momentum in the industry, yet the falling investor participation and liquidity concerns could be contributing factors to the stock's volatility. Overall, while the stock has shown strong long-term performance, its high debt levels and recent underperformance in the short term may be causing caution among investors.