Why is Health.Global falling/rising?

As of 01-Aug, Healthcare Global Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 607.00, which reflects a decrease of Rs 18.0 or 2.88%. The stock has underperformed its sector by 2.33% today and has fallen after three consecutive days of gains. Despite this recent drop, the stock has shown strong performance over the past week and month, with returns of 6.49% and 12.49%, respectively. However, it is currently trading close to its 52-week high, just 4.91% away from Rs 636.8. The stock's trading volume has increased, indicating rising investor participation, but it has also touched an intraday low of Rs 602.75, suggesting some volatility.
In the broader market context, while Healthcare Global has outperformed the Sensex over various periods, including a year-to-date return of 24.33% compared to the Sensex's 3.15%, the recent decline may reflect a temporary correction after a strong upward trend. The stock's long-term growth prospects remain healthy, with an annual operating profit growth of 49.27% and a return on capital employed (ROCE) of 7.3, indicating attractive valuation metrics. However, the stock's profits have slightly decreased by 1.1% over the past year, which could be contributing to the current price movement. Overall, while the stock has shown resilience and strong long-term performance, the recent decline may be a natural market adjustment following its previous gains.