Why is Medi Assist Ser. falling/rising?

As of 22-Jul, Medi Assist Healthcare Services Ltd is experiencing a slight decline in its stock price, currently at 545.80, reflecting a decrease of 0.55 or 0.1%. The stock has been underperforming, having fallen for the last eight consecutive days, resulting in a total decline of 6.56% during this period. In terms of returns, the stock has underperformed the sector by 0.41% today and shows a negative trend over the past week with a decline of 3.13%. Despite this, the stock has demonstrated strong long-term fundamental strength, evidenced by an average Return on Equity (ROE) of 16.79% and high institutional holdings at 56.17%, which may provide some stability and confidence among investors.
Broader market context indicates that while Medi Assist's short-term performance has been negative, the benchmark Sensex has also seen a slight decline of 0.47% over the same week. However, the stock's performance over the past month has been positive, with a return of 16.13%, contrasting with the Sensex's marginal decline of 0.27%. This suggests that despite the recent downturn, there may be underlying strength in the stock that could attract long-term investors, especially given the rising investor participation noted by an increase in delivery volume.