Why is Sunil Healthcare falling/rising?

As of 30-Jun, Sunil Healthcare Ltd's stock price is rising, currently at Rs 85.00, reflecting an increase of Rs 2.0 or 2.41%. The stock has shown strong performance recently, with a consecutive gain over the last two days, resulting in a total return of 7.59% during this period. It has outperformed its sector by 1.72% today and is trading above all its moving averages, indicating positive momentum. Additionally, the stock's delivery volume has significantly increased, suggesting rising investor participation. Despite a year-over-year return of -3.43%, the company has reported a 20.7% increase in profits, which, combined with attractive valuations compared to peers, supports the stock's upward movement.
In the broader market context, Sunil Healthcare's short-term performance has outpaced the benchmark Sensex, which has returned 2.09% over the past week and 2.65% over the past month, while Sunil Healthcare has achieved returns of 6.25% and 18.06% respectively. This indicates that the stock is not only gaining traction on its own but is also performing well relative to the overall market. The positive financial results and strong operating metrics further bolster investor confidence, contributing to the stock's rising price amidst a generally favorable market environment.