Why is Fischer Medical falling/rising?

As of 29-Aug, Fischer Medical Ventures Ltd is experiencing a decline in its stock price, currently at 1,042.35, which reflects a decrease of 3.05 points or 0.29%. The stock has been losing value for the last three days, with a total drop of 2.95% during this period. Despite this recent downturn, the stock has shown strong performance over the longer term, with a year-to-date increase of 46.94% and an impressive 70.88% rise over the past year. The company has also reported a significant growth in net sales and operating profit, which may indicate underlying strength. However, concerns regarding poor management efficiency, as evidenced by a low return on equity of 1.39%, and a high price-to-book ratio may be contributing to investor caution.
In the broader market context, Fischer Medical's recent performance contrasts with the benchmark Sensex, which has declined by 1.84% over the past week. While the stock has outperformed the benchmark over the past month with an 11.30% increase compared to the Sensex's 1.88% decrease, the current short-term decline may be affecting investor sentiment. Additionally, the rising investor participation, indicated by a significant increase in delivery volume, suggests that there is still interest in the stock despite its recent price drop. Overall, while Fischer Medical has shown strong historical returns, the combination of recent price declines and concerns about management efficiency may be influencing its current market performance.