Why is Vijaya Diagnost. falling/rising?

As of 14-Nov, Vijaya Diagnostic Centre Ltd's stock price is currently at 1,057.75, reflecting an increase of 15.95, or 1.53%. The stock has been on an upward trajectory, gaining for the last four consecutive days and achieving a total return of 3.94% during this period. It has outperformed its sector by 2.17% today, reaching an intraday high of Rs 1065. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company benefits from high management efficiency, indicated by a return on capital employed (ROCE) of 24.22%, a low debt-to-equity ratio of 0.06, and significant institutional holdings at 43.61%, which suggests strong confidence from knowledgeable investors.
In the broader market context, Vijaya Diagnostic Centre Ltd has outperformed the benchmark Sensex over the past week, with a return of 3.35% compared to the Sensex's 1.62%. However, its year-to-date performance shows a modest gain of 0.25%, significantly lagging behind the Sensex's 8.22% increase. This contrast highlights the stock's recent positive momentum despite a lackluster performance over a longer timeframe. The rising investor participation, evidenced by a 21.26% increase in delivery volume, further supports the stock's upward movement, indicating growing interest and confidence among investors.