Why is Indrapr.Medical falling/rising?

As of 01-Aug, Indraprastha Medical Corporation Ltd's stock price is currently at Rs 454.00, reflecting a decrease of Rs 16.3 or 3.47%. The stock has underperformed its sector by 2.92% today and has experienced a consecutive decline over the last two days, resulting in a total drop of 4.02%. Additionally, the stock has shown a negative performance over the past month, with a decline of 6.66%, while year-to-date it has fallen by 13.18%. Despite these short-term challenges, the company has demonstrated strong long-term growth, with a remarkable annual operating profit growth rate of 30.21% and a consistent positive performance over the last 12 quarters. The stock's high management efficiency, indicated by a return on equity (ROE) of 19.57%, and a low debt-to-equity ratio contribute positively to its valuation, although the recent price movement suggests that investor sentiment may be cautious.
Broader Market Context: In the context of the broader market, the stock's short-term performance has been slightly better than the benchmark Sensex, which has declined by 1.06% over the past week. However, the stock's year-to-date performance contrasts sharply with the Sensex's gain of 3.15%, indicating a significant underperformance in the current market environment. The falling investor participation, as evidenced by a 25.59% drop in delivery volume compared to the five-day average, may also reflect a lack of confidence among investors, contributing to the stock's recent decline. Overall, while the company has strong fundamentals, the recent price movement suggests that market conditions and investor sentiment are currently weighing on its stock performance.