Why is Bajaj Healthcare falling/rising?

As of 12-Sep, Bajaj Healthcare Ltd's stock price is currently at Rs 426.00, reflecting a decrease of Rs 5.5 or 1.27%. Today's price summary indicates that the stock underperformed its sector by 1.56%, with an intraday high of Rs 446.2 and a low of Rs 422. The stock is trading below all its moving averages, suggesting a bearish trend. Over the past week, Bajaj Healthcare has seen a decline of 1.21%, and its year-to-date performance shows a significant drop of 26.93%. Despite a positive return of 9.60% over the past year, the company has experienced poor long-term growth, with net sales increasing at only 4.07% annually over the last five years.
In the broader market context, the Sensex has gained 1.48% over the past week and 4.82% year-to-date, contrasting with Bajaj Healthcare's negative performance. While institutional investors have increased their stake in the company, indicating some confidence in its fundamentals, the overall market sentiment appears to be weighing on the stock. The company's high management efficiency and attractive valuation metrics, such as a PEG ratio of 0.7, suggest potential for recovery; however, the recent decline in investor participation and the stock's underperformance relative to the market highlight ongoing challenges.