Why is Lotus Eye Hospit falling/rising?

As of 17-Jul, Lotus Eye Hospital & Institute Ltd is experiencing a decline in its stock price, currently at Rs 74.05, which reflects a decrease of Rs 3.14 or 4.07%. The stock has underperformed its sector by 4.44% today and has been on a downward trend for the last two days, accumulating a total loss of 5.86%. Despite this recent drop, the stock has shown positive performance over the past month with a return of 3.52%, and it has also performed well year-to-date with a gain of 7.58%. The company's low debt-to-equity ratio suggests a stable financial position, which may provide some support against the recent price decline. However, the majority of shareholders are non-institutional, which could indicate less stability in investor confidence.
In the broader market context, the stock's short-term performance has been relatively better than the benchmark Sensex, which has declined by 1.12% over the past week. While the stock has shown resilience with a 3.52% increase over the past month compared to the Sensex's 0.83% rise, the recent consecutive falls may reflect broader market sentiments or sector-specific challenges. The rising investor participation, indicated by a 25.33% increase in delivery volume, suggests that there is still interest in the stock despite its current decline, which may help stabilize its price in the near future.