Why is Sunil Healthcare falling/rising?

As of 17-Jul, Sunil Healthcare Ltd's stock price is rising, currently at Rs 84.00, reflecting an increase of 3.36 (4.17%). The stock has shown positive momentum, gaining 4.22% over the last two days and outperforming its sector by 3.75% today. It opened with a gain of 2.93% and reached an intraday high of Rs 84. The stock has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a year-over-year return of -3.23%, the company has reported a 20.7% increase in profits, which, along with strong operating profit metrics, contributes to its attractive valuation compared to peers.
In the broader market context, Sunil Healthcare's recent performance contrasts with the Sensex, which has seen a decline of 1.12% over the past week, while the stock itself has gained 3.64%. This indicates that the stock is performing well relative to the market. However, it is important to note that there has been a significant drop in investor participation, with delivery volume falling by 87.71% compared to the 5-day average, which could be a concern for future liquidity. Overall, the stock's recent rise can be attributed to strong operational results and favorable comparisons to its historical valuations, despite the broader market's challenges.