Why is Divi's Lab. falling/rising?

As of 28-Aug, Divis Laboratories Ltd is experiencing a decline in its stock price, currently at 6,137.55, reflecting a decrease of 58.95 or 0.95%. The stock has been losing value for the last two days, with a total drop of 1.75% during this period. Although the stock has shown a positive return of 1.92% over the past week, it has a negative performance of 6.84% over the past month. Despite these recent declines, the company has demonstrated strong fundamentals, including a high return on equity (ROE) of 17.46% and consistent positive results over the last four quarters, which may support its long-term value. Additionally, the stock's liquidity appears adequate, with a delivery volume increase of 57.56% against the five-day average, indicating rising investor participation.
In the broader market context, the Sensex has declined by 2.34% over the past week and 1.00% over the past month, suggesting that the stock's short-term performance is relatively better than the benchmark. However, the stock's year-to-date performance is slightly positive at 0.62%, contrasting with the Sensex's gain of 2.48%. This indicates that while Divis Laboratories Ltd has outperformed the market over the past year with a return of 22.02%, the recent price movement may be influenced by broader market trends and investor sentiment. The high institutional holdings at 38.79% suggest that informed investors are closely monitoring the company's performance, which could stabilize the stock in the long run despite the current downturn.