Why is Jupiter Life Lin falling/rising?

As of 28-Jul, Jupiter Life Line Hospitals Ltd is currently priced at 1,442.20, reflecting a decrease of 8.75 or 0.6%. The stock has been experiencing a downward trend, having fallen consecutively for the last two days with a total decline of 1.85%. In terms of performance, the stock has outperformed its sector by 0.35% today, but it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 2.01%, while it has seen a decline of 1.21% over the past month. Despite a positive annual return of 9.83%, the company's recent quarterly results showed a decline in profit after tax, which may contribute to investor concerns. Additionally, the stock's delivery volume has significantly decreased, indicating falling investor participation.
In the broader market context, the Sensex has experienced a decline of 1.59% over the past week and a 3.77% drop over the past month, suggesting a challenging environment for stocks in general. While Jupiter Life Line Hospitals has managed to outperform the market over the past year, the current negative sentiment surrounding its recent financial performance and the high valuation metrics, such as a Price to Book Value of 7, may be influencing its stock price. The company's high management efficiency and institutional holdings provide some support, but the overall market conditions and recent flat results may be contributing to the stock's current downward movement.