Why is Medplus Health falling/rising?

As of 01-Aug, Medplus Health Services Ltd is currently priced at Rs 911.70, reflecting a decrease of Rs 17.5 or 1.88%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 2.28%. Today's performance indicates that it underperformed its sector by 0.28%, and it reached an intraday low of Rs 898.65, which is a drop of 3.29%. Despite this recent downturn, the stock has shown positive returns over the past week (+1.30%) and month (+2.47%), and it has outperformed the broader market over the past year with a return of 34.07%. The company has reported strong financials, including a net profit growth of 11.88% and a significant increase in profits over the past year, contributing to its attractive valuation relative to peers.
Broader Market Context: In the context of the broader market, the Sensex has experienced a decline of 1.06% over the past week and 3.70% over the past month, indicating a challenging environment for stocks overall. While Medplus has been able to generate positive returns in the long term, the recent price drop may reflect a combination of falling investor participation, as evidenced by a decrease in delivery volume, and the stock's current trading position relative to its moving averages. Despite the stock's strong historical performance and positive financial results, the recent consecutive declines suggest that investor sentiment may be cautious in the short term.