Why is Soni Medicare falling/rising?

As of 23-Sep, Soni Medicare Ltd is currently priced at 101.42, reflecting a decrease of 2.06, or 1.99%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 7.74% during this period. Despite this recent downturn, the stock has shown strong performance over the longer term, with a remarkable 211.01% return over the past year and a 36.80% increase over the past month. However, the stock's delivery volume has significantly decreased, indicating a drop in investor participation, which may contribute to the current price decline. The stock is trading at a discount compared to its peers, supported by a favorable PEG ratio of 0.4, but the recent negative momentum suggests a cautious sentiment among investors.
In the broader market context, Soni Medicare's short-term performance has been notably weaker than the benchmark, as it has declined by 5.90% over the past week while the Sensex has only fallen by 0.34%. This underperformance in the short term contrasts sharply with its long-term gains, where it has outperformed the BSE500 over the last three years, one year, and three months. The stock's liquidity remains adequate for trading, but the significant drop in delivery volume may reflect a shift in investor sentiment, contributing to the recent price decline. Overall, while the company has strong fundamentals and a history of substantial returns, the current market conditions and investor behavior are leading to a downward trend in its stock price.