Why is Fortis Health. falling/rising?

As of 14-Aug, Fortis Healthcare Ltd is currently priced at 938.00, reflecting a decrease of 8.5, or 0.9%. The stock has recently hit a new 52-week high of Rs. 951 but is experiencing a trend reversal after five consecutive days of gains. Despite this decline, the stock has shown strong performance over various periods, with a 1-week return of 6.35% and a 1-month return of 19.34%. However, it underperformed its sector by 0.47% today, and there has been a notable drop in investor participation, with delivery volume falling by 21.55% against the 5-day average. The company maintains a low Debt to EBITDA ratio of 1.15 times and has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 79.69%. High institutional holdings at 56.97% suggest confidence in the company's fundamentals, which may support its stock price in the long term.
In the broader market context, Fortis Healthcare's recent short-term performance contrasts with the Sensex, which has seen a slight decline of 0.03% over the past week. While the stock has outperformed the benchmark significantly over the last year and three years, the current dip may be attributed to profit-taking after a strong rally and reduced trading volume. The overall liquidity remains adequate for trading, indicating that while the stock is facing a temporary setback, its long-term growth prospects and solid financial fundamentals could help stabilize its price in the future.