Why is Jupiter Life Lin falling/rising?

As of 25-Jul, Jupiter Life Line Hospitals Ltd is experiencing a decline in its stock price, currently at 1,450.95, which reflects a decrease of 18.4 or 1.25%. The stock has underperformed its sector by 1.8% today and has seen a trend reversal after two consecutive days of gains. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has decreased by 12.53% compared to the 5-day average, suggesting falling investor participation. Over the past week, the stock has declined by 3.03%, while it has shown a modest increase of 1.80% over the past month. However, year-to-date, it has underperformed significantly with a decline of 6.46%, despite a strong annual return of 10.68%.
In the broader market context, the Sensex has shown a slight decline of 0.36% over the past week, while Jupiter Life Line Hospitals Ltd's performance has been notably worse. The company benefits from high management efficiency, a low debt-to-equity ratio, and significant institutional holdings, which typically provide stability. However, the recent flat results and a decrease in profit after tax by 6.5% compared to the previous quarter have raised concerns about its valuation, as indicated by a high price-to-book ratio. Despite its ability to generate positive returns in a declining market, the stock's recent performance reflects investor caution, particularly in light of its expensive valuation relative to peers and a high PEG ratio of 2.3.