Why is Apollo Hospitals falling/rising?

As of 02-Sep, Apollo Hospitals Enterprise Ltd. is experiencing a slight decline in its stock price, currently at Rs 7,677.00, which reflects a decrease of Rs 8.0 or 0.1%. The stock has traded in a narrow range of Rs 72.45 and is currently 3.96% away from its 52-week high of Rs 7,981.2. Over the past week, the stock has seen a decline of 1.04%, although it has performed positively over the last month with a return of 4.53%. The company has demonstrated strong financial health with consistent positive results over the last seven quarters, a high return on capital employed (ROCE) of 15.08%, and significant growth in net sales and operating profit. However, there has been a notable decrease in investor participation, with delivery volume falling by 55.67% against the five-day average, which may contribute to the recent price movement.
In the broader market context, while Apollo Hospitals has shown a strong year-to-date return of 5.22% and a one-year return of 11.50%, the benchmark Sensex has only increased by 2.58% and decreased by 2.91% over the same period. This indicates that Apollo Hospitals has outperformed the market significantly in the longer term, particularly over the past three years, where it achieved a return of 78.06% compared to the Sensex's 36.32%. Despite the recent decline, the company's high institutional holdings at 65.05% and its ranking among the top companies in its sector suggest a solid foundation for future growth, which may stabilize the stock price in the long run.