Why is Bajaj Housing falling/rising?

As of 19-Nov, Bajaj Housing Finance Ltd is experiencing a decline in its stock price, currently at Rs 106.05, reflecting a decrease of -0.55 (-0.52%). The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of -1.85% over that period. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock is close to its 52-week low, just 2.88% away from Rs 103. Despite strong long-term fundamentals, including a 27.65% CAGR growth in operating profits and positive results over the last four quarters, the stock's performance has been hindered by an expensive valuation indicated by a 4.2 Price to Book Value and a return on equity of 11.1. Over the past year, the stock has generated a return of -16.89%, despite a 25% increase in profits.
In the broader market context, Bajaj Housing's short-term performance has been notably weaker compared to the benchmark, with a -1.85% return over the past week, while the Sensex has gained +0.85%. This consistent underperformance against the benchmark over the last three years further highlights the challenges faced by the stock. While there has been a rise in investor participation, as indicated by a 19.1% increase in delivery volume, the overall sentiment remains negative due to the stock's recent trends and valuation concerns.