Why is Medi Assist Ser. falling/rising?

As of 12-Nov, Medi Assist Healthcare Services Ltd is currently priced at 467.50, reflecting a decline of 7.35 points or 1.55%. The stock has been on a downward trend, having underperformed its sector by 3.21% today and experiencing a consecutive fall for the last six days, resulting in a total drop of 18.21% during this period. Over the past week, the stock has seen a significant decline of 15.79%, and its year-to-date performance shows a decrease of 19.40%. The stock is trading below all its moving averages, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 70.69% compared to the five-day average. While the company has strong long-term fundamentals, including a 14.05% return on equity and high institutional holdings at 56.17%, its recent performance has been negatively impacted by a significant drop in profit after tax and low operating profit to interest ratio, leading to a perception of an expensive valuation.
In the broader market context, the stock's short-term performance has been starkly contrasted by the benchmark Sensex, which has gained 1.21% over the past week. This underperformance is further highlighted by the stock's returns over the last year, which stand at -22.42%, while the Sensex has increased by 7.36% during the same period. The overall market sentiment appears to favor other stocks, as evidenced by the positive returns of the benchmark indices, while Medi Assist's declining performance reflects broader concerns about its profitability and valuation relative to its peers.