Why is Jupiter Life Lin falling/rising?

As of 24-Jun, Jupiter Life Line Hospitals Ltd is experiencing a decline in its stock price, currently at Rs 1,430.15, which represents a decrease of Rs 63.65 or 4.26%. The stock has underperformed its sector by 4.34% today, having touched an intraday low of Rs 1,402, reflecting a drop of 6.15%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 5.29%, and year-to-date, it has fallen by 7.80%, contrasting with a 13.53% increase over the past year. Despite a high return on capital employed (ROCE) of 20.63% and low debt-to-equity ratio, the company has reported flat results for March 25, with a 6.5% decline in profit after tax compared to the previous quarter.
In the broader market context, the stock's recent performance has been notably weaker than the benchmark Sensex, which has gained 0.58% over the past week and 5.01% year-to-date. This underperformance is compounded by a significant drop in investor participation, with delivery volume falling by 69.76% against the 5-day average. While the stock has shown strong historical returns, its current valuation appears expensive with a price-to-book ratio of 6.9, and the PEG ratio of 2.3 suggests that the stock may not be a favorable investment at this time. Overall, the combination of disappointing quarterly results, declining trading volumes, and a lack of positive momentum in comparison to the broader market has contributed to the stock's downward movement.