Why is Soni Medicare falling/rising?

As of 20-Aug, Soni Medicare Ltd's stock price is currently at Rs 67.25, reflecting an increase of Rs 3.2 or 5.0%. The stock has been on a positive trajectory, gaining for the last five days and achieving a total return of 20.39% during this period. It opened with a 5% gain today and has maintained this price level throughout the trading session. Additionally, the stock has significantly outperformed the sector by 4.14%. Over the past year, Soni Medicare has generated an impressive return of 140.69%, while its profits have risen by 115.2%, indicating strong financial performance. The company's attractive valuation, with a return on capital employed (ROCE) of 7.7 and a PEG ratio of 0.3, suggests that it is trading at a discount compared to its peers, further supporting its recent price movement.
In the broader market context, Soni Medicare's short-term performance has notably outpaced the benchmark Sensex, which has only returned 1.64% over the past week. The stock's year-to-date return of 106.04% also stands in stark contrast to the BSE500's negative return of -1.20% over the last year, highlighting its market-beating performance. However, there are signs of falling investor participation, as evidenced by a significant drop in delivery volume, which decreased by 86.7% against the five-day average. Despite this decline in participation, the stock's liquidity remains adequate for trading, suggesting that the recent price rise is driven by strong fundamentals rather than speculative trading.