Why is Bharat Seats falling/rising?

As of 11-Sep, Bharat Seats Ltd is currently priced at Rs 166.50, reflecting a decrease of Rs 2.75 or 1.62%. The stock has underperformed its sector by 1.01% today and has experienced a trend reversal, falling after two consecutive days of gains. During the trading session, the stock reached an intraday high of Rs 173.95 and a low of Rs 163.4, with more volume traded closer to the lower price. Despite this decline, the stock has shown strong performance over the past year, with a return of 63.80%, and has consistently outperformed the BSE500 over the last three years. Positive factors contributing to its valuation include healthy long-term growth in net sales and operating profit, as well as a favorable PEG ratio of 1, indicating that the stock is trading at a discount compared to its peers.
In the broader market context, Bharat Seats Ltd has outperformed the benchmark Sensex over various periods, including a 49.73% increase over the past month compared to the Sensex's 1.17%. However, the recent decline in stock price may be attributed to falling investor participation, as indicated by an 11.41% drop in delivery volume against the five-day average. This decline in participation, coupled with the stock's recent trend reversal, suggests that while the long-term outlook remains positive, short-term fluctuations and investor sentiment are currently impacting its price negatively.