Why is Blue Jet Health falling/rising?

As of 19-Sep, Blue Jet Healthcare Ltd's stock price is currently at 678.00, reflecting a decline of 5.55 points or 0.81%. The stock has been on a downward trend, having fallen for the last five consecutive days, resulting in a total decline of 5.42% over the past week. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite the company's strong long-term fundamentals, including a robust return on equity and consistent growth in net sales and operating profit, the recent performance has been overshadowed by a significant drop in investor participation, with delivery volume decreasing by 53.32% compared to the 5-day average.
Broader market context shows that while Blue Jet Healthcare has outperformed its sector by 1.38% today, it has still underperformed against the benchmark Sensex, which has gained 0.88% over the past week. Over the last month, Blue Jet's stock has seen a more substantial decline of 13.23%, contrasting sharply with the Sensex's 1.20% increase. This divergence highlights the stock's recent struggles despite its strong annual performance of 31.07%, which significantly outpaces the negative returns of the broader market over the past year. The overall market conditions, particularly within the Medical Equipment/Supplies/Accessories sector, which has fallen by 2.05%, further contribute to the stock's current downward trajectory.