Why is Apollo Hospitals falling/rising?

As of 02-Jul, Apollo Hospitals Enterprise Ltd. is experiencing a slight decline in its stock price, currently at Rs 7,461.05, down by Rs 33.15 or 0.44%. Despite this minor decrease, the stock has shown strong performance over various periods, with a 5.88% increase over the past week and an impressive 22.30% rise over the last year. Today's price summary indicates that the stock is close to its 52-week high, only 1.64% away, and has outperformed its sector by 0.31%. Additionally, it is trading above all key moving averages, and there has been a significant increase in investor participation, with delivery volume rising by 175.09% compared to the 5-day average. The company's strong fundamentals, including a high return on capital employed (ROCE) of 15.08%, consistent positive quarterly results, and attractive valuation metrics, further support its recent performance.
In the broader market context, Apollo Hospitals has outperformed the Sensex, which has only increased by 0.79% in the past week, while Apollo's stock has risen by 5.88%. This indicates that the stock is not only performing well relative to the market but also reflects strong investor confidence, particularly given its high institutional holdings at 65.25%. The company's robust growth in net sales and operating profit, alongside a significant market capitalization of Rs 1,07,755 crore, positions it favorably within the healthcare sector. Overall, while the stock is experiencing a minor decline today, its long-term performance and strong fundamentals suggest a positive outlook.