Why is Fischer Medical falling/rising?

As of 10-Jul, Fischer Medical Ventures Ltd is experiencing a decline in its stock price, currently at 780.00, which reflects a decrease of 34.75 or 4.27%. Today's price summary indicates that the stock opened with a gain of 3.09% but subsequently fell to an intraday low of Rs 771.75, demonstrating significant volatility. The stock has underperformed its sector by 2.91% today, and while it has shown impressive long-term returns, including a 26.19% increase over the past year and a staggering 1391.40% over three years, it has faced challenges in the short term, with a 9.76% decline over the past month. The company maintains a low debt-to-equity ratio and has consistently generated returns, which are positive factors, but the recent price movement suggests that investor sentiment may be cautious.
In the broader market context, the stock's performance over the past week has been notably worse than the benchmark Sensex, which has only decreased by 0.06% during the same period. This underperformance in the short term, combined with the stock's recent volatility and the fact that it has traded below its moving averages for shorter periods, indicates a potential lack of confidence among investors. Despite the rising investor participation, as evidenced by a significant increase in delivery volume, the overall market sentiment appears to be weighing on Fischer Medical's stock price, contributing to its current decline.