Why is Blue Star falling/rising?

As of 18-Jul, Blue Star Ltd. is currently priced at Rs 1,838.00, reflecting a decrease of Rs 43.0 or 2.29%. Today's price summary indicates that the stock has underperformed its sector by 0.93%, with an intraday low of Rs 1,835, marking a decline of 2.45%. Despite a positive performance over the past month with a return of 12.42%, the stock has seen a year-to-date decline of 13.61%. The company has demonstrated strong fundamentals, including a low debt-to-equity ratio and consistent profitability, with a return on equity averaging 16.74%. However, the recent drop in delivery volume by 34.06% against the 5-day average suggests a decrease in investor participation, which may be contributing to the stock's current downward movement.
In the broader market context, Blue Star's short-term performance over the past week shows a gain of 2.13%, contrasting with the Sensex's decline of 0.90%. This indicates that while the stock has been performing relatively well in the short term, the overall market sentiment may not be favorable, impacting investor confidence. The company's high institutional holdings at 40.08% could provide some stability, as these investors typically have the resources to analyze the company's fundamentals effectively. Nevertheless, the combination of falling investor participation and the stock's underperformance today suggests that market dynamics are currently weighing on Blue Star's price.