Why is Narayana Hrudaya falling/rising?

As of 01-Jul, Narayana Hrudayalaya Ltd is experiencing a decline in its stock price, currently at Rs 2,094.05, which reflects a decrease of Rs 77.05 or 3.55%. The stock has underperformed its sector by 3.6% today and has been on a downward trend for the last two days, accumulating a total loss of 7.76% during this period. Despite this recent decline, the stock has shown strong performance over longer periods, with a 72.12% return over the past year and a remarkable 226.46% increase over the last three years. The company maintains a high management efficiency with a return on capital employed (ROCE) of 21.34% and a low debt to EBITDA ratio of 1.01, indicating a strong ability to service its debt.
In the broader market context, while Narayana Hrudayalaya has seen a short-term decline, it has outperformed the benchmark Sensex significantly over various periods, including a 5.29% increase over the past week compared to the Sensex's 2.00% rise. The stock's liquidity remains healthy, with increased investor participation noted through a rise in delivery volume. However, the recent price drop may be attributed to market corrections after a strong performance, as well as the stock trading lower than its intraday high. Overall, while the stock is facing short-term challenges, its long-term growth prospects and historical performance suggest resilience in the face of current market fluctuations.