Why is Bajaj Housing falling/rising?

As of 24-Sep, Bajaj Housing Finance Ltd is currently priced at 111.80, reflecting a decrease of 0.8, or 0.71%. The stock has been underperforming, having fallen for the last six consecutive days, resulting in a total decline of 3.58% during this period. It is trading below all key moving averages, indicating a bearish trend. Additionally, the stock's performance over the past week shows a decline of 3.20%, while its year-to-date performance is down 12.28%. Despite strong long-term fundamentals, including a 27.65% CAGR growth in operating profits and positive results in the last three quarters, the recent price movement suggests that investor sentiment is currently negative, likely influenced by declining delivery volumes and overall market conditions.
In the broader market context, Bajaj Housing's recent performance contrasts with the Sensex, which has seen a slight decline of 1.18% over the past week. This indicates that the stock is underperforming relative to the benchmark index. The company's healthy long-term growth metrics, such as a 30% annual growth rate in net sales and a 35.42% increase in profit after tax, suggest potential for recovery; however, the immediate market sentiment appears to be weighing heavily on the stock's price. The liquidity of the stock remains adequate, but the falling investor participation may further contribute to its downward trajectory in the short term.