Why is Abbott India falling/rising?

As of 05-Aug, Abbott India Ltd. is experiencing a decline in its stock price, currently at Rs 33,221.10, which reflects a decrease of Rs 818.95 or 2.41%. The stock has underperformed its sector today by 1.46%, touching an intraday low of Rs 33,210.05. Over the past week, Abbott India has seen a return of -4.36%, while its performance over the last month is also negative at -4.26%. Despite this recent downturn, the stock has shown strong long-term performance, with a year-to-date return of 11.96% and a one-year return of 18.87%, indicating that it has outperformed the broader market in the long run. The company benefits from high management efficiency, reflected in a return on equity (ROE) of 32.53%, and a low debt-to-equity ratio, which supports its stability. However, there has been a notable decline in investor participation, with delivery volume dropping by 34.69% compared to the five-day average.
In the broader market context, Abbott India's recent performance contrasts with the Sensex, which has only declined by 0.77% over the past week. This indicates that the stock's short-term struggles are more pronounced than the overall market trend. While Abbott India has outperformed the Sensex in the long term, the current short-term volatility may be attributed to reduced trading activity and investor interest, which could be impacting its price negatively. Despite the recent price drop, the company's strong fundamentals and historical performance suggest potential for recovery, but current market sentiment appears to be weighing heavily on its stock price.