Why is Bharat Forge falling/rising?

As of 16-Jul, Bharat Forge Ltd. is currently priced at 1,230.30, reflecting a decline of 7.65 points or 0.62%. The stock has underperformed its sector by 0.32% today, and its performance over the past week shows a decrease of 2.47%, while it has fallen by 6.76% over the past month. Despite this recent downturn, the stock has demonstrated healthy long-term growth, with an annual operating profit increase of 26.27%. The company has a return on capital employed (ROCE) of 13.7, indicating fair valuation, and it is trading at a discount compared to its peers. However, the stock has generated a significant return of -25.68% over the past year, despite a 7.8% rise in profits, which may contribute to investor caution.
In the broader market context, the Sensex has decreased by 1.08% over the past week and has increased by 1.02% over the past month, indicating that Bharat Forge's short-term performance is lagging behind the benchmark. The stock's liquidity is adequate, with a delivery volume increase of 10.06% compared to the 5-day average, suggesting rising investor participation. High institutional holdings at 46.43% may provide some stability, as these investors typically have more resources to analyze company fundamentals. However, the stock's recent performance and significant year-to-date decline of 5.15% compared to the Sensex's gain of 5.75% highlight ongoing challenges for Bharat Forge in the current market environment.