Why is Vijaya Diagnost. falling/rising?

As of 24-Jul, Vijaya Diagnostic Centre Ltd's stock price is rising, currently at 1,121.30, reflecting an increase of 103.5 or 10.17%. The stock has shown strong performance today, outperforming its sector by 9.22% and reaching an intraday high of Rs 1,142.5, which is a 12.25% increase. Over the past week, the stock has gained 7.15%, and it has delivered impressive returns of 19.17% over the last month and 42.74% over the past year, significantly outperforming the BSE500 index in each of the last three annual periods. Positive factors contributing to this rise include high management efficiency, a low debt-to-equity ratio, and increased institutional holdings, which have risen by 0.55% over the previous quarter. However, concerns regarding poor long-term growth and high valuations remain, as indicated by a low operating profit growth rate and a high PEG ratio.
In the broader market context, Vijaya Diagnostic Centre Ltd's short-term performance has been notably strong compared to the benchmark, with a 7.15% gain over the past week while the Sensex has remained nearly flat at -0.09%. This outperformance highlights the stock's resilience and attractiveness to investors, particularly in light of its consistent returns and rising investor participation, as evidenced by a significant increase in delivery volume. Despite the challenges posed by its valuation and growth concerns, the stock's recent momentum suggests a favorable market perception, driven by its operational strengths and institutional support.