Why is Bharat Seats falling/rising?

As of 26-Aug, Bharat Seats Ltd is currently priced at Rs 133.00, reflecting a decrease of Rs 1.1 or 0.82%. The stock has been experiencing a downward trend, having lost 3.2% over the last two days, with today's performance aligning with the sector. It reached an intraday low of Rs 130.05, and trading volume has shown a significant increase, with delivery volume rising by 265.9% against the 5-day average. Despite this recent decline, the stock has demonstrated strong long-term growth, with net sales increasing at an annual rate of 26.36% and operating profit at 59.20%. The company has also reported positive financial results, including a record operating cash flow and higher net sales and profit after tax for the nine-month period.
In the broader market context, Bharat Seats' short-term performance has been slightly better than the benchmark, with a 1-week return of -0.67% compared to the Sensex's -1.05%. However, the stock has significantly outperformed the benchmark over longer periods, with a year-to-date return of 41.56% versus the Sensex's 3.39%. This consistent outperformance over the past three years, alongside a favorable PEG ratio of 0.8, indicates that while the stock is currently facing a short-term decline, its long-term prospects remain strong, suggesting a hold strategy for investors.