Why is Baazar Style falling/rising?

As of 18-Sep, Baazar Style Retail Ltd is currently priced at Rs 366.00, reflecting a decrease of Rs 7.0 or 1.88%. The stock has underperformed its sector today by 1.73%, following a trend reversal after two consecutive days of gains. It reached an intraday low of Rs 363.55, which is a decline of 2.53%. Despite this short-term drop, the stock has shown positive performance over the past month with a return of 16.12% and a year-to-date return of 17.86%. The company's healthy long-term growth is supported by a significant increase in net sales and operating profit, alongside a favorable valuation indicated by a return on capital employed (ROCE) of 6.5. However, there has been a noticeable decline in investor participation, with delivery volume falling by 22.43% against the five-day average, which may contribute to the current price decline.
In the broader market context, Baazar Style's short-term performance has lagged behind the Sensex, which has risen by 1.80% over the past week. While the stock has shown strong growth over the longer term, its recent underperformance relative to the benchmark may reflect a temporary market correction or reduced investor interest. The liquidity of the stock remains adequate for trading, but the drop in delivery volume suggests a potential shift in investor sentiment. Overall, while the company has solid fundamentals, the recent price movement indicates a combination of profit-taking and reduced trading activity.