Why is Apollo Hospitals falling/rising?

As of 05-Sep, Apollo Hospitals Enterprise Ltd. is currently priced at Rs 7,806.55, reflecting a decrease of Rs 98.95 or 1.25%. The stock has recently experienced a trend reversal, falling after two consecutive days of gains. Despite this decline, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. The stock is also close to its 52-week high, just 2.24% away from Rs 7,981.2. Over the past week, Apollo Hospitals has outperformed the Sensex, gaining 2.68% compared to the benchmark's 1.13%, and has shown strong performance over the past month and year, with returns of 7.27% and 12.74%, respectively. The company has demonstrated high management efficiency and consistent growth, with net sales increasing at an annual rate of 15.76% and a significant rise in profits over the last six months.
In the broader market context, while Apollo Hospitals has shown strong short-term performance compared to the Sensex, the recent decline in its stock price may be attributed to profit-taking after a period of gains. The stock's liquidity remains healthy, with a delivery volume increase of 13.21% against the 5-day average, suggesting continued investor interest. Additionally, high institutional holdings at 65.05% indicate confidence from knowledgeable investors, which may support the stock's long-term growth potential. However, the recent price drop could reflect market corrections or adjustments rather than a fundamental weakness in the company's performance, as it continues to be one of the highest-rated companies in its sector.