Why is Bajaj Healthcare falling/rising?

As of 01-Aug, Bajaj Healthcare Ltd's stock price is currently at 468.65, reflecting a decline of 18.4 points or 3.78%. The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a total drop of 11.2% during this period. Despite opening with a gain of 2.03% today, it reached an intraday high of Rs 496.95 before hitting a low of Rs 465.25. The stock has underperformed its sector by 0.62% today and is trading below all key moving averages. Over the past week, the stock has decreased by 9.33%, while its performance over the year shows a positive return of 23.52%, indicating a significant disparity in short-term versus long-term performance. Positive factors include high management efficiency and a growing stake from institutional investors, which may provide some support; however, the long-term growth outlook remains poor, with net sales and operating profit growth stagnating.
In the broader market context, Bajaj Healthcare's recent performance contrasts with the benchmark Sensex, which has only declined by 1.06% over the past week. The stock's year-to-date performance shows a significant underperformance of -19.61% compared to the Sensex's gain of 3.15%. This suggests that while the stock has historically outperformed the market, its current struggles are notable, particularly in light of the sector's overall decline of 3.27%. The falling investor participation and liquidity issues further exacerbate the stock's challenges, indicating a cautious sentiment among investors in the short term.