Why is Bharat Forge falling/rising?

As of 14-Aug, Bharat Forge Ltd. is currently priced at 1,184.30, reflecting an increase of 4.7 (0.4%). The stock has shown a positive performance today, outperforming its sector by 0.65% and has gained consecutively for the last two days, resulting in a total return of 2.54% during this period. However, despite this recent uptick, the stock has experienced a decline of 2.03% over the past month and a significant drop of 24.39% over the past year. The company's operating profit has grown at an annual rate of 65.12%, and it has a fair valuation with a return on capital employed (ROCE) of 13.7. Nevertheless, the stock is trading at a discount compared to its peers, and its profits have slightly fallen by 0.1% over the past year, which may contribute to investor caution.
In the broader market context, Bharat Forge's short-term return of +2.09% over the past week contrasts with the Sensex, which has remained nearly flat at -0.03%. This indicates that the stock is performing relatively well compared to the overall market in the short term. However, the stock's year-to-date performance shows a decline of 8.70%, while the Sensex has gained 3.15%, highlighting a significant underperformance over a longer timeframe. Additionally, the stock's delivery volume has decreased by 66.07% against the 5-day average, suggesting a decline in investor participation, which could further impact its price movement negatively.