Why is Baid Finserv falling/rising?

As of 29-Jul, Baid Finserv Ltd's stock price is currently at 12.08, reflecting a decrease of 0.22, or 1.79%. The stock has been on a downward trend, having underperformed its sector by 2.25% today and experiencing a consecutive fall over the last four days, resulting in a total decline of 7.93%. Despite a positive growth in net profit of 237.04% and strong results in the last two quarters, the stock has generated a return of -26.79% over the past year, indicating weak long-term fundamental strength. Additionally, the stock is trading at a discount compared to its peers, but its average return on equity (ROE) of 6.68% suggests poor long-term growth potential.
In the broader market context, Baid Finserv's performance has significantly lagged behind the benchmark, with a one-year return of -26.79% compared to the BSE500's decline of only -2.26%. This stark contrast highlights the stock's struggles relative to the market. Furthermore, the stock's recent performance is compounded by a decrease in investor participation, as evidenced by a 30.43% drop in delivery volume against the five-day average. While the company has shown positive financial results, the overall market sentiment and the stock's underperformance in both short and long-term metrics contribute to its current decline.