Why is Apollo Hospitals falling/rising?

As of 26-Aug, Apollo Hospitals Enterprise Ltd. is experiencing a decline in its stock price, currently at Rs 7,758.00, reflecting a decrease of Rs 85.7 or 1.09%. The stock has been losing value for the last two days, with a total drop of 2.05% during this period. Despite this recent downturn, the stock remains close to its 52-week high, just 2.88% away from Rs 7,981.2. Over the past month, the stock has shown a positive return of 3.87%, and it has outperformed the benchmark Sensex over various periods, including a 14.23% increase over the past year. However, there has been a notable decline in investor participation, with delivery volume dropping by 21.53% against the five-day average, which may contribute to the recent price decline.
In the broader market context, the stock's short-term performance has been slightly better than the benchmark, with a 1-week return of -0.73% compared to the Sensex's -1.05%. The company has demonstrated strong fundamentals, including high management efficiency with a return on capital employed (ROCE) of 15.08% and consistent positive results over the last seven quarters. Additionally, the stock is trading at a discount compared to its peers, with a PEG ratio of 1.4, indicating attractive valuation. Despite the recent price drop, the company maintains a solid market position, being the second largest in its sector and holding a significant share of the industry.