Why is Baazar Style falling/rising?

As of 16-Sep, Baazar Style Retail Ltd is currently priced at 365.40, reflecting a slight increase of 0.35 (0.1%). The stock has shown a positive performance over the past week, with a return of +2.50%, and a significant increase of +16.82% over the past month. However, today's performance indicates a slight underperformance against its sector by -0.92%. Despite this, Baazar Style is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally upward trend. Notably, there has been a decline in investor participation, with delivery volume falling by -44.17% compared to the 5-day average. The company's long-term growth prospects remain strong, with net sales growing at an annual rate of 30.60% and operating profit at 49.28%, contributing to its attractive valuation.
In the broader market context, Baazar Style's recent performance has outpaced the benchmark Sensex, which has only increased by +1.58% over the past week and +2.21% over the past month. Year-to-date, Baazar Style has returned +17.66%, significantly higher than the Sensex's +5.43%. This indicates that while the stock is experiencing some short-term volatility, its overall growth trajectory remains robust compared to the market. The company's majority ownership by promoters may also provide stability and confidence to investors, further supporting its valuation despite the recent dip in trading volume.