Why is Blue Star falling/rising?

As of 09-Jul, Blue Star Ltd. is experiencing a decline in its stock price, currently at 1,808.80, down by 3.65 or 0.2%. The stock has been losing value for the past four days, with a total drop of 1.78% during this period. Despite this recent downturn, the stock has shown a positive performance over the last week, gaining 2.91%, and a notable increase of 15.02% over the past month. However, it has a year-to-date decline of 14.98%. The company maintains a strong long-term fundamental strength, evidenced by a low debt-to-equity ratio and a healthy return on equity of 16.74%. Additionally, Blue Star has reported positive results for 17 consecutive quarters, with significant growth in net sales and operating profit. However, the recent fall in delivery volume by 59.35% against the five-day average indicates a decrease in investor participation, which may be contributing to the stock's current decline.
In the broader market context, Blue Star's short-term performance has outpaced the Sensex, which has only increased by 0.15% over the past week. However, the stock's year-to-date performance is significantly lagging behind the benchmark, which has risen by 6.91%. This disparity suggests that while the stock has shown resilience in the short term, broader market trends and reduced investor engagement may be impacting its current price movement negatively. The high institutional holdings at 40.08% indicate that informed investors are backing the company, which could provide some stability despite the recent price drop.