Why is BAG Films falling/rising?

As of 11-Aug, B A G Films & Media Ltd is experiencing a decline in its stock price, currently at 6.26, reflecting a decrease of 0.39 or 5.86%. The stock has underperformed its sector by 6.37% today and has been on a downward trend, losing 7.26% over the last two days. Over the past week, the stock has fallen by 8.08%, and its performance over the last month shows a significant decline of 16.53%. Despite the company reporting strong financial results, including a 388.72% growth in net profit and a healthy operating profit growth rate of 78.65%, the stock's performance has been negatively impacted by poor management efficiency, as indicated by a low return on equity of 1.88%. Additionally, the stock is trading below all its moving averages, which suggests a bearish trend.
In the broader market context, the stock's performance has been notably worse than the benchmark, with a one-year return of -27.63% compared to the Sensex's gain of 1.13%. This stark contrast highlights the stock's struggle to keep pace with the market, even as the overall market has shown some resilience. The company's low debt-to-equity ratio and attractive valuation metrics, such as a price-to-book value of 0.8, suggest potential for long-term growth; however, the recent underperformance and consecutive price declines indicate a lack of investor confidence in the short term.