Why is Bharat Seats falling/rising?

As of 06-Aug, Bharat Seats Ltd is experiencing a decline in its stock price, currently at Rs 109.00, which reflects a decrease of Rs 2.15 or 1.93%. The stock has been underperforming recently, having fallen for the last two consecutive days with a total decline of 3.15%. Despite touching an intraday high of Rs 113.7 earlier in the day, the stock's performance has been negatively impacted by a significant drop in delivery volume, which fell by 70.81% compared to the 5-day average. Over the past week, the stock has decreased by 5.01%, although it has shown a positive year-to-date return of 16.02% and a substantial increase of 33.50% over the past year.
In the broader market context, the Sensex has also faced challenges, declining by 1.15% over the past week and 3.46% over the past month. However, Bharat Seats Ltd's recent performance contrasts with its longer-term returns, which have significantly outpaced the benchmark, with a 175.60% increase over the past three years compared to the Sensex's 37.95%. The auto ancillary sector, in which Bharat Seats operates, has also seen a downturn, falling by 2.73%, contributing to the negative sentiment surrounding the stock. Overall, while the stock has shown strong long-term growth, recent trends indicate a short-term decline influenced by reduced investor participation and sector-wide challenges.