Why is Indrapr.Medical falling/rising?

As of 17-Jul, Indraprastha Medical Corporation Ltd is experiencing a decline in its stock price, currently at Rs 484.40, which reflects a decrease of Rs 10.45 or 2.11%. The stock has underperformed its sector by 2.48% today and has been on a consecutive downward trend for the last three days, accumulating a total decline of 2.54%. Despite reaching an intraday high of Rs 510, the stock also touched a low of Rs 483.05 during the day. Over the past week, the stock has decreased by 1.54%, while it has shown a significant increase of 19.59% over the past month. However, year-to-date, it has fallen by 7.36%, contrasting sharply with a remarkable 95.32% increase over the past year, indicating strong long-term performance despite recent short-term challenges.
In the broader market context, the Sensex has decreased by 1.12% over the past week, suggesting that the stock's short-term decline is somewhat aligned with the overall market trend. The company's strong fundamentals, including a high return on equity of 19.57% and consistent profit growth, support its long-term potential. However, the recent drop in investor participation, with delivery volume falling by 18.63% against the five-day average, may indicate waning interest among investors, contributing to the stock's current price decline. Despite these challenges, the company has maintained a healthy growth trajectory and has consistently delivered positive results over the last 12 quarters, which could provide a foundation for future recovery.