Why is Star Health Insu falling/rising?

As of 07-Jul, Star Health & Allied Insurance Company Ltd is experiencing a slight decline in its stock price, currently at 421.00, reflecting a change of -0.1, or -0.02%. The stock's performance today is in line with its sector, but it is trading lower than the 5-day, 20-day, 50-day, and 200-day moving averages, while remaining higher than the 100-day moving average. Over the past week, the stock has decreased by 0.08%, and it has significantly underperformed the benchmark indices over the past month and year, with returns of -10.58% and -28.17%, respectively. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 49.79% compared to the 5-day average, indicating reduced trading interest. Despite strong long-term fundamentals, including a 26.73% CAGR growth in operating profits and a fair valuation, the stock's recent performance has been negatively impacted by a substantial drop in profits and consistent underperformance against benchmarks.
In the broader market context, the stock's short-term return of -0.08% over the past week is better than the Sensex, which has declined by 0.20%. However, the stock's year-to-date performance shows a significant underperformance compared to the Sensex, which has gained 6.79% during the same period. The high institutional holdings at 34.12% suggest that informed investors are closely monitoring the company's fundamentals, yet the negative results reported in March, including a drastic fall in profit before tax and profit after tax, have raised concerns. This combination of factors, including the stock's historical underperformance and recent financial results, contributes to the current downward pressure on its price.