Why is Fischer Medical falling/rising?

As of 03-Nov, Fischer Medical Ventures Ltd is experiencing a decline in its stock price, currently at Rs 107.15, which represents a decrease of Rs 10.5 or 8.92%. Today's price summary indicates that the stock has underperformed its sector by 10.08% and has fallen after three consecutive days of gains. The stock reached an intraday low of Rs 106.3, reflecting high volatility with an intraday fluctuation of 6.56%. Despite a strong performance over the long term, with a year-to-date increase of 51.05% and a remarkable 1460.82% rise over the past three years, the recent drop may be attributed to falling investor participation, as evidenced by a 5.8% decrease in delivery volume compared to the five-day average.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week decline of 3.47% compared to the Sensex's 0.94% drop. This suggests that while the company has shown strong long-term growth and positive financial results, including a significant increase in net sales and operating profit margins, the recent volatility and reduced investor interest may be impacting its short-term price movement. Overall, the combination of high volatility, underperformance against the sector, and declining trading volume contributes to the current downward trend in Fischer Medical's stock price.