Why is Bajaj Healthcare falling/rising?

As of 22-Sep, Bajaj Healthcare Ltd's stock price is currently at 421.00, reflecting a decrease of 3.05, or 0.72%. The stock has been on a downward trend, losing value for the last four consecutive days and experiencing a total decline of 3.45% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite a year-over-year return of 11.01%, the stock has underperformed in the short term, with a 1-week decline of 1.41% and a 1-month decline of 5.18%. While the company has shown strong operating profit growth and an attractive valuation relative to peers, the long-term growth concerns, as evidenced by a modest annual net sales growth rate of 4.07%, may be contributing to the stock's recent struggles.
In the broader market context, Bajaj Healthcare's performance contrasts with the benchmark Sensex, which has gained 0.46% over the past week and 1.05% over the past month. The stock's recent decline comes amid a broader market that has shown resilience, with the BSE500 index generating negative returns of -3.80% over the last year. However, the increasing participation of institutional investors, who have raised their stake in the company, suggests a potential for recovery as these investors typically have more resources to analyze the company's fundamentals. Despite the current price decline, the stock's ability to generate positive returns over the past year, coupled with strong profit growth, indicates that it may still hold value for investors looking beyond short-term fluctuations.