Why is Fortis Health. falling/rising?

As of 07-Jul, Fortis Healthcare Ltd's stock is currently priced at 804.60, reflecting a decline of 2.0 points or 0.25%. Despite this recent dip, the stock has shown strong performance over various time frames, with a 1-week return of 1.59%, a 1-month return of 5.36%, and an impressive 1-year return of 74.17%. Today's performance indicates that the stock underperformed its sector by 0.54%, although it is trading above its moving averages across multiple time frames. The stock's recent high of Rs. 813 suggests it has reached a new 52-week and all-time high, but a notable decrease in investor participation, with a 55.47% drop in delivery volume, may be contributing to the current price decline. The company's strong fundamentals, including a low Debt to EBITDA ratio of 1.15 times and high institutional holdings at 56.87%, support its long-term growth potential.
In the broader market context, Fortis Healthcare's recent performance contrasts with the Sensex, which has seen a slight decline of 0.20% over the past week. While Fortis has outperformed the benchmark in the short term, the overall market sentiment may be affecting investor confidence, leading to the recent price drop. The stock's ability to generate consistent returns, outperforming the BSE500 over the last three years, indicates a solid foundation; however, the decline in trading volume and sector underperformance could suggest a temporary setback in investor enthusiasm.