Why is Apollo Hospitals falling/rising?

As of 30-Jul, Apollo Hospitals Enterprise Ltd. is currently priced at Rs 7,450.00, reflecting a decrease of Rs 7.0 or 0.09%. The stock has traded in a narrow range today, indicating stability despite the slight decline. It is currently 2.48% away from its 52-week high of Rs 7,634.45 and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a positive return of 0.98%, while its performance over the last month is up by 2.95%. Despite a recent decline in investor participation, as evidenced by a 12.9% drop in delivery volume, the company has demonstrated strong fundamentals with a high return on capital employed (ROCE) of 15.08% and consistent positive results over the last six quarters, contributing to its overall attractiveness as an investment.
In the broader market context, while Apollo Hospitals has outperformed the benchmark Sensex in the short term, with a 1-week return of 0.98% compared to the Sensex's decline of 1.50%, the stock's year-to-date performance is lagging behind the benchmark, showing a gain of 2.11% against the Sensex's 4.28%. The company's strong institutional holdings at 65.05% and its high ranking among large-cap stocks suggest confidence from knowledgeable investors, which may help support its price despite the recent minor decline. Overall, while the stock is experiencing a slight downturn today, its long-term growth prospects and strong operational metrics continue to position it favorably in the market.