Why is QMS Medical falling/rising?

As of 17-Oct, QMS Medical Allied Services Ltd is experiencing a decline in its stock price, currently at 99.80, which represents a decrease of 1.45 or 1.43%. The stock has underperformed its sector today by 0.75%, and while it is trading higher than its 50-day, 100-day, and 200-day moving averages, it is lower than its 5-day and 20-day moving averages. Over the past week, the stock has seen a return of -6.42%, and it has also underperformed significantly over the past month and year, with returns of -6.73% and -15.39%, respectively. Despite these declines, the company has shown healthy long-term growth, with operating profit increasing at an annual rate of 30.17%, and profits rising by 19.9% over the past year, indicating a potential for recovery.
In the broader market context, the Sensex has performed positively, with a return of +1.68% over the past week, contrasting sharply with QMS Medical's negative performance. This disparity highlights the stock's struggles relative to the market. Additionally, there has been increasing participation from institutional investors, who have raised their stake by 1.6% in the previous quarter, suggesting a level of confidence in the company's fundamentals. However, the stock's current valuation remains attractive, trading at a discount compared to its peers, which may indicate that the recent price decline could be temporary as the market adjusts to the company's underlying growth potential.