Why is Aster DM Health. falling/rising?

As of 12-Sep, Aster DM Healthcare Ltd is experiencing a decline in its stock price, currently at Rs 631.50, which reflects a decrease of Rs 6.65 or 1.04%. The stock has underperformed its sector by 1.31% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 1.79%. Despite a strong performance over the past year with a return of 51.51%, the company has faced significant challenges, including negative results for the last three consecutive quarters, a high Debt to EBITDA ratio of 2.71, and a decline in operating profits. Additionally, the stock's liquidity has decreased, with a notable drop in delivery volume, indicating waning investor interest.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, with a 1-week return of -1.06% compared to the Sensex's gain of 1.48%. While Aster DM Healthcare has shown impressive long-term returns, outperforming the BSE500 over various periods, the recent financial struggles and high levels of pledged promoter shares contribute to downward pressure on its stock price. The combination of weak fundamentals and declining investor participation suggests that the market sentiment is currently negative, impacting the stock's performance.