Why is Balu Forge falling/rising?

As of 07-Jul, Balu Forge Industries Ltd is experiencing a decline in its stock price, currently at Rs 685.00, reflecting a decrease of 5.0 points or 0.72%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 4.01% over that period. Today's trading saw the stock reach an intraday low of Rs 665.6, indicating significant selling pressure. Additionally, the delivery volume has dropped sharply by 78.37% compared to the five-day average, suggesting a decrease in investor participation. Despite these short-term challenges, the company has shown strong long-term growth, with net sales increasing at an annual rate of 47.93% and operating profit at 90.23%. The company has also consistently reported positive results over the last ten quarters, which may provide some support for the stock in the long run.
In the broader market context, Balu Forge's short-term performance has been notably weaker than the benchmark, with the Sensex only declining by 0.20% over the same week. While the stock has generated impressive returns over the past year, outperforming the BSE500, its year-to-date performance shows a significant decline of 13.48%, contrasting with the Sensex's gain of 6.79%. This disparity highlights the stock's recent struggles despite its historical performance, indicating that current market sentiment may be weighing heavily on Balu Forge's stock price.