Why is Zenith Health falling/rising?

As of 05-Sep, Zenith Health Care Ltd's stock price is currently at 4.46, reflecting an increase of 0.27 or 6.44%. The stock has shown strong performance recently, outperforming its sector by 6.51% today and achieving a consecutive gain over the last two days with a total return of 6.95%. In the past week, the stock has risen by 4.69%, and over the past month, it has increased by 14.07%. However, despite these recent gains, the stock has a year-to-date decline of 13.90% and a one-year decline of 23.50%. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. Notably, there has been a significant drop in investor participation, with delivery volume falling by 61.76% against the 5-day average, indicating a potential concern for sustained momentum.
Broader Market Context: In comparison to the benchmark Sensex, which has shown a modest increase of 1.13% over the past week, Zenith Health's performance is notably stronger. The stock's recent gains highlight a positive divergence from the broader market trends, particularly given its substantial outperformance in the short term. However, it is important to note that while the stock has rebounded recently, its longer-term performance remains weak, with a year-to-date decline that contrasts sharply with the Sensex's gain of 3.29%. This suggests that while the stock is experiencing a short-term rally, it may still face challenges in regaining investor confidence and reversing its longer-term downward trajectory.