Why is Baazar Style falling/rising?

As of 13-Aug, Baazar Style Retail Ltd is experiencing a decline in its stock price, currently at 311.65, which reflects a decrease of 1.35 or 0.43%. The stock has underperformed its sector today by 2.47% and has seen a trend reversal after two consecutive days of gains. Despite this, Baazar Style has shown positive returns over the past week and month, with increases of 7.04% and 8.97%, respectively. However, the delivery volume has significantly decreased by 53.14% compared to the 5-day average, indicating a drop in investor participation. 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 its attractive valuation.
In the broader market context, while Baazar Style has performed well in the short term compared to the Sensex, which has remained flat over the past week, the stock's year-to-date performance is lagging behind the benchmark, with a return of 0.35% compared to the Sensex's 3.07%. This discrepancy may reflect broader market conditions affecting investor sentiment. Despite the recent price decline, the company's fundamentals remain strong, with rising profits and a majority ownership by promoters, suggesting that the stock may be viewed as a hold for long-term investors.