Why is Global Health falling/rising?

As of 05-Sep, Global Health Ltd is experiencing a decline in its stock price, currently at 1,402.50, which reflects a decrease of 15.2 points or 1.07%. The stock has been losing value for the last two days, with a total decline of 1.49% during this period. Despite this recent downturn, the stock has shown positive performance over the longer term, with a 1-week return of 2.08% and a 1-month return of 5.60%. It is also trading above its moving averages, indicating a generally strong position. However, the stock's valuation appears expensive, with a high Price to Book Value ratio and a PEG ratio of 3.6, which may be contributing to the recent price drop as investors reassess its valuation relative to earnings growth.
In the broader market context, while Global Health has outperformed the benchmark Sensex in the past year, generating a return of 22.96% compared to the Sensex's decline of 1.81%, the stock's recent performance may be influenced by market sentiment regarding its valuation. The stock's liquidity remains adequate, with rising investor participation noted, as evidenced by a 13.39% increase in delivery volume. However, the overall market has been challenging, with the BSE500 index showing negative returns of -4.41% over the last year, which could be impacting investor confidence and contributing to the stock's current decline.