Why is Aashka Hospitals falling/rising?

As of 10-Oct, Aashka Hospitals Ltd is experiencing a decline in its stock price, currently at Rs 78.40, which represents a decrease of Rs 6.6 or 7.76%. The stock has underperformed its sector by 7.73% today and opened with a significant loss of 9.41%. It reached an intraday low of Rs 77, indicating a challenging trading day. Over the past week, the stock has decreased by 6.67%, and year-to-date, it has fallen by 28.34%. Additionally, Aashka Hospitals is trading below all its moving averages, which suggests a bearish trend. Although there has been a notable increase in delivery volume, rising by 100% against the 5-day average, the overall sentiment remains negative, with no positive factors reported to counterbalance the stock's decline.
In the broader market context, Aashka Hospitals' recent performance contrasts sharply with the benchmark Sensex, which has gained 1.59% over the past week. This underperformance highlights the stock's struggles relative to the market, as it has consistently lagged behind the Sensex over various time frames, including a 30% decline over the past year compared to the benchmark's modest gain of 1.09%. The erratic trading pattern, with the stock not trading on three days out of the last 20, further complicates its market position, indicating a lack of investor confidence. Overall, the combination of poor stock performance, negative trading indicators, and the absence of positive developments has contributed to the ongoing decline in Aashka Hospitals' stock price.