Why is Blue Star falling/rising?

As of 16-Jul, Blue Star Ltd. is currently priced at 1,860.55, reflecting a decrease of 23.1 points or 1.23%. Today's price summary indicates that the stock has underperformed its sector by 0.68% and has experienced a trend reversal, falling after three consecutive days of gains. Additionally, the stock's delivery volume has decreased by 28.22% compared to the five-day average, suggesting a decline in investor participation. Despite this recent downturn, the stock has shown strong performance over the past month with an 11.18% increase, although it has a year-to-date decline of 12.55%. The company maintains a low debt-to-equity ratio and has demonstrated consistent profitability, with a return on equity averaging 16.74%, which supports its long-term fundamental strength.
In the broader market context, Blue Star's short-term return of 2.86% over the past week contrasts with the Sensex's decline of 1.08%, indicating that the stock has outperformed the benchmark recently. However, the year-to-date performance shows a significant lag behind the Sensex's 5.75% gain. The high institutional holdings at 40.08% suggest that informed investors have confidence in the company's fundamentals, which may provide some support against the recent price decline. Overall, while the stock has strong long-term prospects and has consistently delivered positive results, the recent price drop reflects a temporary setback in investor sentiment and participation.