Why is Blue Jet Health falling/rising?

As of 16-Sep, Blue Jet Healthcare Ltd's stock price is currently at 714.80, reflecting a decrease of 1.0 (-0.14%). The stock has been experiencing a downward trend, having fallen for the last two days with a total decline of -0.29% in this period. In terms of performance against benchmarks, the stock has underperformed, with a 1-week return of -2.04% compared to the Sensex's gain of +1.58%, and a 1-month decline of -9.79% against the Sensex's +2.21%. Despite these short-term challenges, the company has demonstrated strong long-term fundamentals, including a healthy average Return on Equity (ROE) of 26.94% and consistent growth in net sales and operating profit. The company has also reported positive results for the last four consecutive quarters, which may provide some support for its valuation.
Broader market context indicates that while Blue Jet Healthcare has generated impressive returns of +36.70% over the past year, the broader market, represented by the BSE500, has seen negative returns of -2.93%. This suggests that the stock's strong long-term performance is not being mirrored in the short term, as evidenced by its recent price decline. Additionally, the stock's liquidity appears to be decreasing, with a significant drop in delivery volume, which may further contribute to the downward pressure on its price. Overall, while the company has solid fundamentals and a strong market position, the recent price movement reflects a combination of short-term market dynamics and reduced investor participation.