Why is Bajaj Healthcare falling/rising?

As of 18-Sep, Bajaj Healthcare Ltd's stock price is currently at 430.30, reflecting a decrease of 2.75 points or 0.64%. The stock has underperformed its sector by 1.69% today and has experienced a consecutive decline over the last two days, resulting in a total drop of 1.32%. Despite opening with a significant gain of 8.51% and reaching an intraday high of Rs 469.9, it also touched a low of Rs 424, indicating high volatility with an intraday range of Rs 45.9. Over the past week, the stock has seen a slight decline of 0.28%, and its year-to-date performance shows a substantial drop of 26.19%, contrasting with a positive return of 12.04% over the past year. While the company has demonstrated strong growth in profits and attractive valuations, the long-term growth concerns, indicated by modest net sales and operating profit growth rates, may be weighing on investor sentiment.
In the broader market context, Bajaj Healthcare's recent performance contrasts with the benchmark Sensex, which has gained 1.80% over the past week and 6.24% year-to-date. This divergence highlights the stock's struggles despite a generally positive market environment. Institutional investors have increased their stake, reflecting confidence in the company's fundamentals, yet the stock's recent volatility and declining investor participation may be contributing to its downward price movement. Overall, while the company has shown strong profit growth and attractive valuations, the combination of high volatility, recent declines, and concerns about long-term growth prospects appears to be influencing its current stock price trajectory negatively.