Why is Zota Health Care falling/rising?

As of 19-Nov, Zota Health Care Ltd's stock price is currently at 1,648.60, reflecting an increase of 74.0 points or 4.7%. The stock has recently hit a new 52-week and all-time high of Rs. 1674, indicating strong upward momentum. Over the past week, Zota Health Care has outperformed the sector by 4.1% and has shown impressive returns, with a year-to-date increase of 105.79% and a one-year return of 197.18%. However, despite these positive indicators, there are concerns regarding the company's long-term fundamental strength, as evidenced by a significant decline in operating profits and a high debt-to-EBITDA ratio, which may affect investor confidence.
In the broader market context, Zota Health Care's short-term performance has significantly outpaced the Sensex, which only increased by 0.68% over the same week. While the stock has demonstrated strong returns over various periods, the falling investor participation, as indicated by a 74.63% drop in delivery volume, raises questions about its sustainability. Additionally, the low stake held by domestic mutual funds suggests a lack of confidence in the company's long-term prospects, despite its recent price rise. This combination of strong short-term performance and concerning long-term fundamentals creates a complex picture for investors.