Why is Baid Finserv falling/rising?

As of 01-Aug, Baid Finserv Ltd's stock price is currently at 11.78, reflecting a decrease of 0.22, or 1.83%. The stock has underperformed its sector by 0.35% today and is trading lower than the 5-day, 20-day, 50-day, and 200-day moving averages, although it remains above the 100-day moving average. Over the past week, the stock has seen a decline of 5.91%, while it has gained 1.55% over the last month. Despite a significant growth in net profit of 237.04% and positive results over the last two quarters, the stock has faced challenges, including a weak long-term fundamental strength indicated by an average return on equity (ROE) of 6.68% and a decline of 26.79% over the past year.
In the broader market context, Baid Finserv's recent performance contrasts sharply with the benchmark, as it has underperformed the market, which has seen a negative return of only 4.13% over the same period. The stock's liquidity is adequate for trading, but a notable drop in investor participation, with a delivery volume decrease of 61.56% against the 5-day average, suggests waning interest among investors. Overall, while the company has reported positive financial metrics, the combination of poor long-term growth prospects and significant underperformance relative to the market has contributed to the stock's downward movement.