Why is Artemis Medicare falling/rising?

As of 29-Jul, Artemis Medicare Services Ltd is experiencing a decline in its stock price, currently at Rs 233.20, which reflects a decrease of Rs 4.3 or 1.81%. The stock has underperformed its sector by 1.91% today and has been on a consecutive downward trend for the last three days, resulting in a total decline of 3.52%. Additionally, the stock has touched an intraday low of Rs 227.55, and it is trading below all key moving averages, indicating a bearish trend. Despite the company declaring positive results for the last five consecutive quarters, including a high inventory turnover ratio and a low debt-equity ratio, the stock has generated a negative return of 10.65% over the past year, even as profits have risen significantly. The presence of pledged promoter shares and poor management efficiency, reflected in a low return on equity, are contributing factors to the stock's recent struggles.
In the broader market context, Artemis Medicare's short-term performance has been notably weaker than the benchmark, with a 1-week return of -3.10% compared to the Sensex's -1.03%. This underperformance is compounded by a significant drop in investor participation, with delivery volume decreasing by 42.31% against the 5-day average. While the stock has shown impressive long-term growth over three and five years, the recent trends and market conditions suggest a challenging environment for the company, leading to its current price decline.