Why is Baazar Style falling/rising?

As of 30-Jun, Baazar Style Retail Ltd's stock price is currently at Rs 313.90, reflecting an increase of Rs 15.55, or 5.21%. The stock has shown strong performance recently, with a notable rise of 20.04% over the past week and 20.48% over the past month. It has outperformed its sector by 4.05% today and has been on a consecutive gain streak for the last two days, accumulating a total return of 9.18% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The recent increase in investor participation, with delivery volume rising by 174.64% against the 5-day average, further supports the stock's upward movement. The company's healthy long-term growth, with net sales increasing at an annual rate of 30.60% and operating profit at 49.28%, contributes to its attractive valuation, despite a flat return over the past year.
In the broader market context, Baazar Style's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 2.09% over the past week and 2.65% over the past month. This stark contrast highlights the stock's strong momentum relative to the market. While the stock has generated a return of 0.00% over the past year, its profits have risen by 5%, indicating potential for future growth. Overall, the combination of robust recent performance, positive investor sentiment, and strong underlying financials positions Baazar Style favorably in the current market environment.