Why is Bharat Forge falling/rising?

As of 17-Jul, Bharat Forge Ltd. is experiencing a decline in its stock price, currently at 1,223.00, which reflects a decrease of 7.3 or 0.59%. The stock has been losing value for the past two days, with a total drop of 1.21% during this period. In terms of performance, the stock has underperformed in the short term, with a 1-week return of -0.89% and a 1-month return of -5.91%. Despite a healthy long-term growth rate in operating profit of 26.27% and a fair valuation compared to peers, the stock has generated a significant return of -26.12% over the past year, indicating challenges in the recent market environment. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 25.76% against the 5-day average.
In the broader market context, Bharat Forge's recent performance contrasts with the benchmark Sensex, which has seen a slight decline of 1.12% over the past week, while the stock has fared slightly better in the same timeframe. The company's high institutional holdings at 46.43% suggest that informed investors are backing the stock, yet the overall market sentiment appears to be weighing on its price. The stock's liquidity remains adequate for trading, but the recent consecutive falls and lower moving averages compared to shorter-term periods indicate a bearish trend. Overall, while the company has strong fundamentals and growth potential, the current market dynamics and investor sentiment are contributing to its declining stock price.