Why is TTK Healthcare falling/rising?

As of 15-Jul, TTK Healthcare Ltd. is experiencing a price increase, currently at 1,362.40, reflecting a rise of 12.15 or 0.9%. The stock has shown positive momentum, gaining 2.93% over the last two days and outperforming the Sensex by 4.79% over the past week, despite underperforming its sector by 0.35% today. Additionally, TTK Healthcare is trading above its moving averages across various time frames, indicating a strong upward trend. The company has a low Debt to Equity ratio and a fair valuation, with profits rising by 12.5% over the past year, although the stock has generated a negative return of -4.15% during the same period. The PEG ratio of 2.2 suggests that the stock is trading at a premium compared to its peers, which may influence investor sentiment.
In the broader market context, TTK Healthcare's short-term performance has been notably stronger than the Sensex, which has declined by 1.36% over the past week. While the stock has faced challenges over the longer term, including a year-to-date return of -3.83% compared to the Sensex's 5.67%, its recent gains and increased investor participation, as evidenced by a significant rise in delivery volume, suggest a positive shift in market perception. The liquidity of the stock also supports its trade size, further contributing to its recent price rise.