Why is Apollo Hospitals falling/rising?

As of 23-Sep, Apollo Hospitals Enterprise Ltd. is experiencing a decline in its stock price, currently at Rs 7,690.00, which reflects a decrease of Rs 46.3 or 0.6%. The stock has been on a downward trend for the last four days, resulting in a total decline of 2.34% during this period. Despite this recent drop, the stock is still close to its 52-week high, being only 3.79% away from Rs 7,981.2. Over the past week, the stock has underperformed the benchmark Sensex, with a return of -2.10% compared to the Sensex's -0.34%. However, the stock has shown strong performance over the longer term, with a year-to-date return of 5.40% and a one-year return of 7.73%, significantly outperforming the Sensex, which has declined by 3.33% over the same period.
In terms of stock-specific factors, Apollo Hospitals benefits from high management efficiency, as indicated by a return on capital employed (ROCE) of 15.08%, and has demonstrated healthy long-term growth with net sales increasing at an annual rate of 15.76%. The company has consistently reported positive results for the last seven quarters, which supports its strong fundamentals. Furthermore, high institutional holdings at 65.05% suggest confidence from larger investors in the company's prospects. Despite the recent price decline, the stock's attractive valuation relative to peers and its strong market position, constituting 19.14% of the sector, indicate that it remains a solid investment choice. However, the short-term performance has been affected by recent selling pressure, which may be a reaction to broader market conditions or profit-taking by investors.