Why is Apollo Hospitals falling/rising?

As of 08-Jul, Apollo Hospitals Enterprise Ltd. is currently priced at Rs 7,565.75, reflecting a decrease of Rs 34.65 or 0.46%. Today's price summary indicates that the stock has hit a new 52-week high of Rs 7,634.45 earlier in the day, but it has experienced a trend reversal after three consecutive days of gains. Despite this decline, the stock has outperformed its sector by 0.39%. Over the past week, Apollo Hospitals has shown a return of 0.95%, and over the last month, it has increased by 8.99%, significantly outperforming the Sensex, which has only risen by 0.02% during the same period. The company's strong fundamentals are highlighted by a high return on capital employed (ROCE) of 15.08%, consistent positive results over the last six quarters, and a substantial growth in net sales and operating profit.
In the broader market context, while Apollo Hospitals has delivered a remarkable return of 19.65% over the past year, the benchmark BSE500 has only returned 1.98%, indicating that the stock has been a strong performer relative to the market. However, there is a noted decline in investor participation, with delivery volume falling by 31.1% against the five-day average, which could be a contributing factor to the recent price drop. The stock remains liquid enough for trading, and its high institutional holdings at 65.25% suggest confidence from larger investors. Despite the recent price decline, the overall performance metrics and growth indicators suggest that Apollo Hospitals is well-positioned for long-term success, even as it faces short-term fluctuations.