Why is Kovai Medical falling/rising?

As of 15-Jul, Kovai Medical Center & Hospital Ltd's stock price is currently at 6,194.10, reflecting a decrease of 2.9 points or 0.05%. The stock has been underperforming recently, having fallen for three consecutive days with a total decline of 4.41%. Despite this short-term downturn, the stock has shown positive performance over the past month, gaining 4.33%, and has significantly outperformed the benchmark over the last year with a return of 44.82%. However, the stock's delivery volume has decreased by 21.95% compared to the five-day average, indicating a drop in investor participation. While the company boasts strong management efficiency and a favorable valuation, concerns about poor long-term growth and flat results in recent financial periods may be contributing to the current price decline.
In the broader market context, Kovai Medical's recent performance contrasts with the Sensex, which has declined by 1.36% over the past week. This suggests that while the stock is facing its own challenges, it is still performing relatively better than the overall market in the short term. The stock's ability to attract institutional investors, who have increased their stake, may provide some support; however, the recent drop in delivery volume and consecutive price falls could reflect broader market sentiment or specific concerns about the company's growth prospects. Overall, the mixed signals from both the stock-specific factors and the broader market context highlight the complexities influencing Kovai Medical's stock price movements.