Why is Bajaj Healthcare falling/rising?

As of 17-Sep, Bajaj Healthcare Ltd is currently priced at 433.05, reflecting a decrease of 3.0, or 0.69%. The stock has underperformed its sector today, falling after two consecutive days of gains. It reached an intraday high of Rs 444.9 but also touched a low of Rs 427. Over the past week, the stock has seen a modest increase of 1.30%, although it has declined by 5.02% over the past month and is down 25.72% year-to-date. Despite these declines, the company has shown strong operating profit growth and an attractive valuation compared to its peers, with a PEG ratio of 0.7, indicating potential for future growth despite its recent price drop.
Broader market context shows that while Bajaj Healthcare has generated an 8.53% return over the past year, the broader market, represented by the Sensex, has increased by 5.83%. This suggests that the stock has outperformed the market despite its recent struggles. Additionally, institutional investors have increased their stake, indicating confidence in the company's fundamentals, which may provide some support for the stock. However, the long-term growth concerns, highlighted by low net sales growth and operating profit over the last five years, could be contributing to the stock's current downward movement.