Why is Wockhardt falling/rising?

As of 17-Jul, Wockhardt Ltd's stock price is currently at Rs 1,819.10, reflecting a decrease of Rs 1.2 or 0.07%. The stock has been underperforming recently, having fallen for the last two days and showing a decline of 0.57% in that period. Despite this short-term drop, Wockhardt has demonstrated strong performance over longer time frames, with a remarkable 116.56% return over the past year and a 759.08% increase over the last three years. The stock is currently trading close to its 52-week high, just 2.8% away, and is above its moving averages across various time frames. However, there has been a notable decrease in investor participation, with delivery volume dropping by 54.7% compared to the five-day average, which may contribute to the recent price decline.
In the broader market context, Wockhardt's recent performance contrasts with the Sensex, which has seen a decline of 1.12% over the past week, while Wockhardt has increased by 7.54% in the same period. This indicates that Wockhardt is outperforming the benchmark in the short term. The stock's long-term growth is supported by a healthy operating profit growth rate of 50.13% annually and an increase in institutional investor participation, which has risen by 1.04% in the last quarter. These factors suggest that while the stock is currently experiencing a minor setback, its overall trajectory remains positive, bolstered by strong fundamentals and institutional interest.