Why is Bharat Seats falling/rising?

As of 25-Aug, Bharat Seats Ltd's stock price is currently at Rs. 134.10, reflecting a decrease of Rs. 3.3 or 2.4%. Despite this decline, the stock has shown strong performance over various periods, with a 5.14% increase over the past week and a remarkable 26.51% rise over the last month. Today, the stock reached a new 52-week high of Rs. 141.2 but also experienced a significant intraday low of Rs. 132.2. The stock is trading above its moving averages across multiple timeframes, indicating a generally positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 29.26% compared to the five-day average, which may be contributing to the current price drop. The company's healthy long-term growth, with net sales increasing at an annual rate of 26.36% and operating profit at 59.20%, supports its valuation, although the recent price movement suggests some volatility.
In the broader market context, Bharat Seats Ltd has outperformed the Sensex, which has only increased by 0.45% over the past week, while Bharat Seats has gained 5.14%. This indicates that the stock's recent performance is stronger than the overall market trend. Despite the current decline, the stock has generated a return of 43.69% over the past year, significantly higher than the Sensex's 0.68% increase, showcasing its resilience and potential for growth. The company's positive financial results, including a net sales increase and a favorable PEG ratio of 0.8, suggest that the stock remains a solid investment despite short-term fluctuations.