Why is Bajaj Housing falling/rising?

As of 28-Aug, Bajaj Housing Finance Ltd is currently priced at 111.75, reflecting a decrease of 0.6, or 0.53%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 1.46%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased, with delivery volume dropping by 9% compared to the 5-day average. Despite these short-term challenges, the company has demonstrated strong long-term fundamentals, with a 27.65% compound annual growth rate in operating profits and a 30% annual growth rate in net sales. The positive results over the last three quarters, including a significant increase in profit after tax and net sales, suggest underlying strength that may support future price recovery.
In the broader market context, Bajaj Housing's performance over the past week shows a decline of 1.15%, which is better than the Sensex's drop of 2.34%. However, over the past month, Bajaj Housing has decreased by 3.04%, while the Sensex has only fallen by 1%. This indicates that while the stock is currently facing downward pressure, it is still outperforming the benchmark in the short term. The overall market sentiment appears to be negative, contributing to the stock's recent struggles, despite its solid long-term growth prospects and the backing of majority shareholders.