Why is Abbott India falling/rising?

As of 11-Jul, Abbott India Ltd. is experiencing a decline in its stock price, currently at Rs 34,390.00, which reflects a decrease of Rs 245.0 or 0.71%. The stock has underperformed its sector by 1.29% today and is 4.45% away from its 52-week high of Rs 35,921.55. Despite this recent dip, Abbott India has shown strong performance over the past month, with a return of 9.04%, and has outperformed the benchmark Sensex over the last year and three years, generating returns of 23.41% and 77.86%, respectively. The company benefits from high management efficiency, indicated by a return on equity (ROE) of 32.53%, and maintains a low debt-to-equity ratio, which supports its financial stability. However, there has been a notable decline in investor participation, with delivery volume falling by 56.07% against the 5-day average, which may contribute to the stock's current price movement.
In the broader market context, Abbott India's short-term performance has been slightly better than the Sensex, which has decreased by 1.12% over the past week while Abbott has only fallen by 0.89%. This suggests that while the stock is facing some challenges, it is still relatively resilient compared to the overall market. The liquidity of the stock remains adequate for trading, with a trading value of Rs 0.56 crore based on 2% of the 5-day average. Overall, while the stock is currently experiencing a decline, its strong long-term performance and efficient management may provide a foundation for recovery in the future.