Why is Aster DM Health. falling/rising?

As of 04-Jul, Aster DM Healthcare Ltd is experiencing a decline in its stock price, currently at 634.95, which reflects a decrease of 13.55 or 2.09%. Today's performance indicates that the stock has underperformed its sector by 2.93%, following a trend reversal after two consecutive days of gains. The stock reached an intraday low of Rs 625.5, down 3.55%. Despite this decline, Aster DM Healthcare has shown strong performance over various periods, with a 1-year return of 83.99% and a remarkable 256.01% increase over the past three years. However, concerns regarding weak long-term fundamental strength, including a -5.15% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 2.71 times, may be contributing to the current price drop.
In the broader market context, Aster DM Healthcare's recent performance contrasts with the Sensex, which has seen a slight decline of 0.74% over the past week. While the stock has outperformed the benchmark in the long term, its recent negative results, including a significant drop in net sales and profitability metrics, may be influencing investor sentiment. The stock's liquidity remains adequate, with a notable increase in delivery volume, suggesting ongoing interest despite the current downturn. Overall, while Aster DM Healthcare has demonstrated strong historical returns, the recent financial challenges and market conditions appear to be driving the current decline in its stock price.