Why is Bharat Forge falling/rising?

As of 09-Sep, Bharat Forge Ltd. is experiencing a decline in its stock price, currently at Rs 1,187.00, which reflects a decrease of Rs 15.65 or 1.3%. Today's price summary indicates that the stock has fallen after two consecutive days of gains, touching an intraday low of Rs 1,170.5. Despite a significant increase in delivery volume by 348.19% compared to the 5-day average, the stock remains below its 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Over the past week, the stock has shown a return of +4.57%, outperforming the Sensex's +1.18%, but it has underperformed over the year with a return of -23.68% compared to the Sensex's -0.56%. The company's healthy long-term growth, with an operating profit growth rate of 65.12%, contrasts with its recent profit decline of -0.1%, indicating mixed signals for investors.
In the broader market context, while Bharat Forge's recent performance has been positive in the short term, its long-term underperformance is notable, especially given that it has fallen significantly more than the broader market over the past year. The stock's high institutional holdings at 45.78% suggest that informed investors are closely monitoring its fundamentals, which may contribute to its liquidity and trading activity. However, the flat results reported for June and the stock's substantial decline relative to the market indicate that investor sentiment may be cautious, leading to the current price drop. Overall, the stock's recent movement reflects a combination of short-term gains overshadowed by longer-term challenges and market conditions.