Why is Jupiter Life Lin falling/rising?

As of 27-Jun, Jupiter Life Line Hospitals Ltd is experiencing a price increase, currently at Rs 1,459.90, reflecting a rise of 13.45 (0.93%). The stock has shown a positive trend over the last two days, gaining 2.42% during this period. However, it has underperformed its sector by 1.73%. Despite touching an intraday high of Rs 1,476.4, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company benefits from high management efficiency, evidenced by a return on capital employed (ROCE) of 20.63%, a low debt-to-equity ratio, and significant institutional holdings at 25.67%. However, the recent flat results in March, with a decline in profit after tax, and an expensive valuation indicated by a price-to-book value of 7.1, may be contributing to mixed investor sentiment.
In the broader market context, the stock's short-term performance over the past week shows a gain of 0.53%, which is notably lower than the Sensex's increase of 2.00% during the same period. Over the past month, Jupiter Life Line Hospitals Ltd has also lagged behind the benchmark, with a return of 1.59% compared to the Sensex's 3.07%. Year-to-date, the stock has declined by 5.89%, contrasting sharply with the Sensex's gain of 7.58%. This underperformance relative to the benchmark may reflect investor caution, particularly in light of the company's recent financial results and valuation concerns.