Why is Krsnaa Diagnost. falling/rising?

As of 21-Aug, Krsnaa Diagnostics Ltd is experiencing a decline in its stock price, currently at Rs 806.20, which reflects a decrease of Rs 14.15 or 1.72%. The stock has underperformed its sector by 1.4% today and has been on a consecutive downward trend for the last two days, accumulating a total loss of 2.54%. It opened with a significant gap down of 3.91%, reaching an intraday low of Rs 788.25. Despite its long-term performance showing an 11.75% return over the past year, the stock has faced challenges in the short term, with a 4.72% decline over the last month and a notable drop in investor participation, as evidenced by a 14.42% decrease in delivery volume compared to the five-day average.
In the broader market context, Krsnaa Diagnostics has shown a positive return of 2.05% over the past week, outperforming the Sensex, which increased by 1.74%. However, the stock's year-to-date performance is concerning, with an 8.38% decline compared to a 4.94% gain in the benchmark index. While the company has a low debt-to-equity ratio and has reported positive financial metrics, such as a 22.17% growth in PAT and a high return on capital employed, these factors have not been sufficient to counteract the recent price declines. The stock's valuation remains attractive compared to peers, but the current market sentiment and recent performance trends indicate a cautious outlook for investors.