Why is Medplus Health falling/rising?

As of 10-Oct, Medplus Health Services Ltd is experiencing a decline in its stock price, currently at Rs 765.60, which represents a decrease of Rs 11.2 or 1.44%. Today's price summary indicates that the stock has underperformed its sector by 1.74% and has fallen after two consecutive days of gains. The stock reached an intraday high of Rs 795.95 but has shown a weighted average price closer to its low, indicating weaker trading activity. Over the past week, the stock has gained 2.67%, but it has underperformed over the past month with a decline of 7.81%. Despite these short-term fluctuations, the company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 39.91% and a significant rise in profits over the past year.
Broader market context shows that while Medplus Health has generated a return of 15.53% over the past year, the broader market, represented by the BSE500, has experienced negative returns of -1.51%. This indicates that Medplus has outperformed the market despite its recent price decline. However, the stock's performance in the short term has been affected by falling investor participation, as evidenced by a 26.34% drop in delivery volume compared to the 5-day average. The stock is also trading below several moving averages, which may indicate a bearish sentiment among investors. Overall, while the company has strong fundamentals, the recent price movement reflects a combination of short-term selling pressure and reduced trading activity.