Why is Indrapr.Medical falling/rising?

As of 18-Nov, Indraprastha Medical Corporation Ltd's stock price is currently at 520.60, reflecting a decrease of 27.8 points or 5.07%. The stock has underperformed its sector by 3.76% today and has experienced a trend reversal after three consecutive days of gains. It reached an intraday low of Rs 518.05 and has seen a significant drop in investor participation, with delivery volume falling by 65.84% compared to the five-day average. Despite a strong long-term fundamental outlook, including a healthy return on equity and consistent returns over the past three years, the recent price movement indicates a negative sentiment, possibly influenced by flat results reported on September 25.
In the broader market context, the stock's performance over the past week shows a decline of 5.58%, while the benchmark Sensex has increased by 0.96%. This stark contrast highlights the stock's struggles relative to the market. Over the past month, Indraprastha Medical has also underperformed, with a decline of 6.37% compared to the Sensex's gain of 0.86%. Although the company has demonstrated strong long-term growth and profitability, the current market dynamics and recent performance trends suggest that investors may be reacting cautiously, leading to the stock's decline.