Why is Fortis Health. falling/rising?

As of 25-Jul, Fortis Healthcare Ltd is currently priced at 845.25, reflecting a decrease of 2.25, or 0.27%. The stock has recently experienced a trend reversal, falling after four consecutive days of gains. Despite this decline, it is only 0.49% away from its 52-week high of Rs 849.4. Over the past week, the stock has outperformed the Sensex with a return of 6.08% compared to the benchmark's -0.36%. Additionally, the stock has shown strong performance over longer periods, with a year-to-date return of 17.46% and a remarkable 67.23% return over the past year. The company's solid fundamentals, including a low Debt to EBITDA ratio of 1.15 times and a healthy annual operating profit growth rate of 30.49%, support its stability. High institutional holdings at 56.97% also indicate confidence from knowledgeable investors.
In the broader market context, while Fortis Healthcare has shown strong returns, it has underperformed its sector by 0.82% today. The Sensex has experienced a decline of 0.36% over the past week, contrasting with Fortis's positive return, suggesting that the stock's recent movement is somewhat insulated from broader market trends. The rising investor participation, evidenced by an 86.34% increase in delivery volume, indicates growing interest in the stock, which may help mitigate the impact of its current price decline. Overall, while the stock is facing a minor setback today, its long-term performance and strong fundamentals position it favorably in the market.