Why is Suraksha Diagno. falling/rising?

As of 31-Jul, Suraksha Diagnostic Ltd's stock price is currently at 305.00, reflecting a decrease of 4.5, or 1.45%. The stock has underperformed its sector by 2.17% today and has fallen after two consecutive days of gains. It opened with a loss of 3.07% and reached an intraday low of Rs 298.65, indicating significant downward pressure. Over the past week, the stock has declined by 1.29%, and its performance over the past month shows a notable drop of 7.10%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. While the company has a low debt-to-equity ratio and healthy long-term growth in operating profit, the recent flat results and a decline in profit after tax have raised concerns about its valuation, which is perceived as expensive.
In the broader market context, the Sensex has decreased by 1.22% over the past week, indicating a slight overall market decline. However, Suraksha Diagnostic Ltd's performance is significantly worse, with a 1-month return of -7.10% compared to the Sensex's -3.00%. This underperformance may be attributed to falling investor participation, as evidenced by a 37.89% drop in delivery volume against the 5-day average. The high institutional holdings at 36.32% could provide some stability, but the recent negative sentiment surrounding the company's earnings and valuation may be contributing to the stock's decline.