Why is Baazar Style falling/rising?

As of 04-Jul, Baazar Style Retail Ltd's stock price is currently at 299.70, reflecting an increase of 4.95, or 1.68%. The stock has shown a positive performance today, outperforming its sector by 3.63%, and it reached an intraday high of Rs 305, which is a rise of 3.48%. Over the past week, the stock has increased by 0.45%, while it has significantly outperformed the Sensex over the past month with a return of 15.29% compared to the benchmark's 3.01%. The stock's liquidity is also favorable, with a delivery volume that has risen by 71.47% against the 5-day average. Furthermore, the company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 30.60% and operating profit at 49.28%, contributing to a very attractive valuation.
In the broader market context, while Baazar Style has shown a positive short-term return, the Sensex has declined by 0.74% over the past week. This indicates that the stock's recent rise is occurring in a generally unfavorable market environment. Despite a year-to-date decline of 3.49% for Baazar Style, the stock's recent performance suggests a recovery trend, particularly in light of its strong operational metrics and rising investor participation. The company's return on capital employed (ROCE) of 8.7 further supports its valuation, indicating that the stock's upward movement may be driven by investor confidence in its long-term growth potential despite recent fluctuations.