Why is Sunil Healthcare falling/rising?

As of 30-Jul, Sunil Healthcare Ltd's stock price is rising, currently at Rs 84.80, reflecting an increase of Rs 2.39 or 2.9%. The stock has shown strong performance today, outperforming its sector by 2.56% and achieving a consecutive gain over the last two days with a total return of 4.69%. It opened with a gain of 2.9% and has maintained this price throughout the trading session. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Positive financial indicators, such as the highest operating profit to interest ratio and significant profit growth over the past year, contribute to its attractive valuation, suggesting that the stock is undervalued compared to its peers.
In the broader market context, Sunil Healthcare's short-term return of +4.56% over the past week stands in stark contrast to the Sensex, which has declined by 1.50% during the same period. This indicates that while the overall market is experiencing a downturn, Sunil Healthcare is managing to gain traction. Year-to-date, the stock has outperformed the benchmark, with a return of +8.72% compared to the Sensex's +4.28%. This resilience in the face of broader market challenges highlights the stock's strong fundamentals and investor confidence, further supporting its upward price movement.