Why is Baazar Style falling/rising?

As of 09-Jul, Baazar Style Retail Ltd's stock price is currently at 289.50, reflecting a decrease of 2.15, or 0.74%. The stock has underperformed its sector today by 0.3%, and it has shown a significant decline of 10.05% over the past week, while it has gained 9.91% over the past month. However, year-to-date, the stock is down 6.78%, contrasting with the Sensex, which has increased by 6.91%. The stock's delivery volume has also fallen sharply by 59.76% compared to the 5-day average, indicating a decline in investor participation. Despite these challenges, 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%, suggesting a strong underlying business performance.
In the broader market context, Baazar Style's recent performance contrasts sharply with the Sensex, which has gained 0.15% over the past week. While the stock has shown some resilience in the longer term with a stable profit increase of 5% over the past year, the current price movement reflects a negative sentiment among investors, likely influenced by the recent drop in trading volume and the stock's underperformance relative to the benchmark. The company's attractive valuation, indicated by a return on capital employed (ROCE) of 8.7 and a favorable enterprise value to capital employed ratio of 2.7, suggests potential for recovery, but the immediate market reaction has been negative.