Why is Suraksha Diagno. falling/rising?

As of 02-Sep, Suraksha Diagnostic Ltd's stock price is currently at Rs 302.00, reflecting an increase of Rs 1.65, or 0.55%. The stock has shown a performance today that outperformed its sector by 0.48%, indicating a positive shift after two consecutive days of decline. Despite this recent uptick, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend overall. In terms of returns, the stock has decreased by 1.66% over the past week, but it has seen a slight increase of 0.18% over the past month. The company benefits from a low debt-to-equity ratio and strong institutional holdings, which may provide some stability and confidence among investors, contributing to the recent price rise.
Broader Market Context: In comparison to the benchmark Sensex, which has declined by 0.78% over the past week, Suraksha Diagnostic Ltd's performance is relatively better, indicating that it has managed to hold up against broader market pressures. However, the stock has underperformed significantly year-to-date, with a decline of 19.60%, while the Sensex has gained 2.58% in the same period. This contrast highlights the challenges faced by Suraksha Diagnostic Ltd in the broader market environment, despite its recent positive movement and the potential for long-term growth driven by healthy operating profit growth.