Why is Soni Medicare falling/rising?

As of 17-Sep, Soni Medicare Ltd's stock price is currently at Rs. 109.93, reflecting an increase of Rs. 2.15 or 1.99%. The stock has reached a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 21 days, resulting in an impressive return of 80.21% during this period. Additionally, the stock has significantly outperformed its sector by 1.79%. Over the past year, Soni Medicare has generated a remarkable return of 245.69%, while its profits have risen by 115.2%, indicating strong financial performance. The stock is also trading at a discount compared to its peers, supported by a favorable PEG ratio of 0.4, which suggests attractive valuation metrics. In the broader market context, Soni Medicare's short-term performance has been exceptional, with a 10.39% return over the past week, significantly outpacing the Sensex, which only gained 1.56% in the same period. This trend of outperformance is consistent, as the stock has also surpassed the BSE500 index over the last three years, one year, and three months. The rising investor participation, evidenced by a 92.74% increase in delivery volume, further underscores the stock's liquidity and attractiveness to investors. Overall, the combination of strong returns, favorable valuations, and positive market sentiment contributes to the stock's rising price.