Why is Bharat Forge falling/rising?

As of 04-Sep, Bharat Forge Ltd. is currently priced at 1,133.85, reflecting a decline of 0.4 points or 0.04%. The stock has been under pressure, having fallen for the last two days with a total return decrease of 0.11%. While it outperformed its sector today by 0.76%, the stock's performance over the past month shows a decline of 3.72%, and it has experienced a significant drop of 29.41% over the past year. Despite a healthy long-term growth outlook, with an annual operating profit growth rate of 65.12%, the stock's profits have recently fallen by 0.1%, contributing to its negative performance. Additionally, the stock is trading at a discount compared to its peers, but the falling investor participation, evidenced by an 80.01% drop in delivery volume against the 5-day average, raises concerns about its immediate demand.
In the broader market context, Bharat Forge's short-term performance of 0.83% over the past week slightly outpaces the Sensex, which has returned 0.80% in the same period. However, the stock's year-to-date performance shows a stark contrast, with a decline of 12.59% compared to the Sensex's gain of 3.30%. The high institutional holdings at 45.78% suggest that knowledgeable investors are backing the company, yet the overall market sentiment appears cautious, as indicated by the stock's liquidity and moving averages. The stock's current price movement reflects a complex interplay of strong fundamentals and recent profit declines, leading to a cautious outlook among investors.