Why is Blackbuck falling/rising?

As of 28-Oct, Blackbuck Ltd's stock price is currently at 650.20, reflecting a decline of 17.75 points or 2.66%. The stock has underperformed its sector today by 2.29%, reaching an intraday low of Rs 636, which is a drop of 4.78%. Over the past week, the stock has seen a significant decrease of 11.34%, although it has shown a positive return of 5.73% over the past month. Despite this recent downturn, the company has demonstrated strong long-term growth, with net sales increasing at an annual rate of 42.40% and a notable operating profit growth of 131.04%. Additionally, the company has reported positive results for the last three consecutive quarters, which may provide some support for the stock despite its current decline.
In the broader market context, while Blackbuck's recent performance has been negative, the benchmark Sensex has increased by 0.24% over the past week. This indicates that the stock's short-term struggles are not reflective of the overall market trend. The stock's liquidity remains adequate, with a delivery volume increase of 1.63% against the five-day average, suggesting that investor participation is still present. Furthermore, the high institutional holdings at 40.54% may indicate confidence in the company's fundamentals, which could help stabilize the stock in the long run. However, the current price movement suggests that immediate investor sentiment is cautious, likely influenced by the recent underperformance relative to both the sector and the broader market.