Why is Zydus Wellness falling/rising?

As of 22-Sep, Zydus Wellness Ltd's stock price is currently at Rs 497.65, reflecting a decline of Rs 20.15 or 3.89%. The stock has underperformed its sector by 3.82% today and has experienced a consecutive fall over the last two days, resulting in a total drop of 4.67% during this period. Despite a strong performance in the longer term, with a 26.84% increase over the past month and a 28.12% rise year-to-date, the stock's recent movement has been negatively impacted by today's intraday low of Rs 490.4. The stock remains liquid enough for trading, with a significant increase in delivery volume, indicating rising investor participation. Additionally, the company has a low debt-to-equity ratio and has shown positive financial results, including high operating cash flow and growth in profit before tax, which could support its long-term performance.
In the broader market context, the stock's short-term return of -2.71% over the past week contrasts sharply with the Sensex, which has gained 0.46% during the same period. This underperformance may be contributing to the stock's decline, as investors often compare individual stocks to benchmark indices. However, Zydus Wellness has demonstrated strong long-term performance, outperforming the BSE500 over various time frames, which may provide some reassurance to investors despite the recent downturn.