Why is Dr Agarwal's Eye falling/rising?

As of 26-Aug, Dr Agarwals Eye Hospital Ltd's stock price is currently at Rs 5,145.00, reflecting a decline of Rs 178.45 or 3.35%. Today's performance indicates that the stock has underperformed its sector by 2.34%, following a trend reversal after four consecutive days of gains. The stock reached an intraday low of Rs 5,075, which is a drop of 4.67%. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 16.22% and 16.93%, respectively. The company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 61.38%, and positive results reported in June, including a PAT growth of 23.61% and record net sales. However, the stock's current price is trading at a discount compared to its peers, which may contribute to the recent price movement.
In the broader market context, while Dr Agarwals Eye Hospital's stock has generated a return of 30.25% over the past year, it has underperformed the benchmark Sensex, which has gained 3.39% year-to-date. The stock's recent decline contrasts with its strong historical performance, particularly over the last three years, where it has outperformed the BSE500. This suggests that while the company has solid fundamentals and growth potential, short-term market pressures and recent price corrections may be influencing investor sentiment negatively.