Why is Blue Jet Health falling/rising?

As of 17-Jun, Blue Jet Healthcare Ltd's stock price is currently at 909.00, reflecting a decrease of 29.45 points or 3.14%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5.68% during this period. Today's trading saw the stock touch an intraday low of Rs 908, with a weighted average price indicating that more volume was traded close to this low price. Despite a strong performance over the past year, where the stock has generated a return of 131.98%, recent trends show a decline in investor participation, with delivery volume dropping significantly by 57.13% compared to the five-day average.
In the broader market context, Blue Jet Healthcare's short-term performance contrasts with the benchmark, as the stock has gained 0.29% over the past week while the Sensex has decreased by 0.98%. This indicates that while the stock has been performing relatively well compared to the market, the recent decline suggests a shift in investor sentiment. The company's strong management efficiency and low debt levels, alongside impressive growth in net profit and sales, highlight its potential; however, concerns about poor long-term growth and high valuation metrics may be contributing to the current downward pressure on the stock price.