Why is Zota Health Care falling/rising?

As of 04-Aug, Zota Health Care Ltd's stock price is currently at 1,218.10, reflecting an increase of 6.0 points or 0.5%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the stock has shown strong performance over various periods, with a year-to-date return of 52.05% and a one-year return of 76.34%, significantly outperforming the BSE500 index. However, despite these positive indicators, there are concerns regarding the company's long-term fundamental strength, highlighted by a -282.60% CAGR growth in operating profits over the last five years and a negative EBITDA, which could be contributing to a perception of risk among investors.
In the broader market context, Zota Health Care's short-term performance of +2.53% over the past week contrasts sharply with the Sensex's modest gain of only +0.17%, indicating that the stock is outperforming the market. This outperformance may be bolstered by rising investor participation, as evidenced by a 25.71% increase in delivery volume. However, the reduction in promoter confidence, with a decrease in their stake by -0.69%, raises questions about the company's future prospects, potentially tempering enthusiasm despite the stock's recent gains.