Why is Aster DM Health. falling/rising?

As of 24-Sep, Aster DM Healthcare Ltd is experiencing a decline in its stock price, currently at 631.95, reflecting a decrease of 5.15, or 0.81%. The stock has been on a downward trend, losing value for the last three consecutive days, resulting in a total decline of 2.96% during this period. Despite this recent drop, Aster DM Healthcare has shown strong performance over the longer term, with a 50.05% increase in the past year and a remarkable 164.75% rise over the last three years. However, the company has faced challenges, including negative results for the last three consecutive quarters, a significant decline in net sales, and a high Debt to EBITDA ratio, which indicates weak fundamental strength. Additionally, the delivery volume has decreased substantially, suggesting falling investor participation.
In the broader market context, Aster DM Healthcare's recent performance contrasts with the benchmark Sensex, which has declined by 1.18% over the past week while the stock itself has gained 2.81% in the same timeframe. This indicates that, despite its current struggles, Aster DM Healthcare has been outperforming the broader market recently. However, the company's high level of pledged promoter shares could exert additional downward pressure on the stock in a falling market, contributing to the recent price decline. Overall, while the stock has shown strong long-term returns, the combination of weak financial performance and declining investor interest has led to its current downward movement.