Why is Sunil Healthcare falling/rising?

As of 18-Jul, Sunil Healthcare Ltd is experiencing a price increase, currently trading at 84.99, which reflects a rise of 0.99 or 1.18%. The stock has shown strong performance recently, gaining 5.45% over the last three days and outperforming its sector by 1.73% today. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the stock's delivery volume has increased significantly, with an 82.91% rise compared to the 5-day average. Despite a slight decline of 1.17% over the past year, the company has reported a 20.7% increase in profits, which, along with attractive valuations and strong operating profit metrics, supports the stock's upward movement.
In the broader market context, Sunil Healthcare's short-term performance has been notably better than the benchmark Sensex, which has declined by 0.90% over the past week while the stock has risen by 2.41%. This divergence highlights the stock's resilience and investor confidence amidst a generally weaker market. The company's majority ownership by promoters may also contribute to stability and investor trust, further enhancing its appeal compared to the benchmark's performance. Overall, the combination of positive financial results, increasing investor participation, and favorable comparisons to the market has contributed to the stock's rising price.