Why is Jupiter Life Lin falling/rising?

As of 02-Jul, Jupiter Life Line Hospitals Ltd is experiencing a decline in its stock price, currently at 1,466.10, reflecting a decrease of 11.75 points or 0.8%. The stock has been losing value for the last two days, with a total drop of 2.58% during this period. Although the stock has shown a positive return of 15.30% over the past year, it has underperformed in the year-to-date comparison with a decline of 5.49%, while the benchmark Sensex has gained 6.75%. Additionally, the stock's delivery volume has significantly decreased by 76.85% compared to the 5-day average, indicating falling investor participation. Despite high management efficiency and institutional holdings, the recent flat results and high valuation metrics, such as a Price to Book Value of 7.1, may be contributing to the stock's downward movement.
In the broader market context, Jupiter Life Line Hospitals Ltd's short-term performance contrasts with the Sensex, which has gained 0.79% over the past week, while the stock has increased by 2.86% in the same timeframe. However, the stock's recent struggles, including a decline in profitability and a high PEG ratio of 2.3, suggest that investors may be cautious. The overall market sentiment appears to be more favorable, as indicated by the benchmark's positive returns, which may further pressure the stock as it continues to lag behind both its historical performance and the broader market trends.