Why is Aster DM Health. falling/rising?

As of 23-Sep, Aster DM Healthcare Ltd is experiencing a decline in its stock price, currently at Rs 638.65, which reflects a decrease of Rs 9.15 or 1.41%. The stock has underperformed its sector by 0.94% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 1.93% during this period. Despite a strong performance in the long term, with a 51.25% increase over the past year, the company has faced significant challenges recently, including negative results for the last three consecutive quarters, a -44.99% growth in net sales, and a staggering -94.9% drop in profit after tax. Additionally, the company's weak long-term fundamental strength, characterized by a -0.19% CAGR growth in operating profits over the last five years and a high debt-to-EBITDA ratio of 2.71 times, contributes to the stock's current struggles.
In the broader market context, Aster DM Healthcare's short-term performance has been relatively strong compared to the benchmark, as it has gained 3.03% over the past week while the Sensex has declined by 0.34%. However, the recent decline in investor participation, with a 34.21% drop in delivery volume, suggests a lack of confidence among investors, which may be exacerbated by the high percentage of pledged promoter shares (40.67%). This situation creates additional downward pressure on the stock price, particularly in a falling market. Overall, while the stock has shown impressive long-term returns, the combination of recent poor financial performance and market dynamics has led to its current decline.