Why is TTK Healthcare falling/rising?

As of 11-Sep, TTK Healthcare Ltd. is experiencing a price increase, currently at Rs 1,171.80, which reflects a rise of 23.8 points or 2.07%. The stock has shown a positive trend recently, gaining for the last three consecutive days with a total return of 2.81% during this period. It has outperformed its sector by 1.6% today, and the stock's current price is higher than its 5-day and 20-day moving averages, though it remains below the longer-term moving averages. Despite the recent gains, the stock has a concerning long-term performance, with a 34.67% decline over the past year, although profits have increased by 6.3%. The company maintains a low debt-to-equity ratio and an attractive valuation, but its premium pricing compared to peers and a high PEG ratio may be factors contributing to investor caution.
In the broader market context, TTK Healthcare's short-term performance of +3.24% over the past week significantly outpaces the Sensex, which has only gained 1.03% in the same timeframe. However, the stock's year-to-date performance remains weak at -17.28%, contrasting sharply with the Sensex's positive return of +4.36%. The low participation from domestic mutual funds, holding only 0.17% of the company, suggests a lack of confidence in the stock's valuation or business prospects, which may be influencing its overall market perception despite the recent uptick in price.