Why is Baid Finserv falling/rising?

As of 13-Aug, Baid Finserv Ltd's stock price is currently at 11.99, reflecting an increase of 0.24 or 2.04%. The stock has outperformed its sector today by 1.13%, although it is trading higher than its 5-day and 100-day moving averages, but lower than its 20-day, 50-day, and 200-day moving averages. Despite a recent decline in investor participation, with delivery volume falling by 10.69% against the 5-day average, the company has shown positive financial results over the last three consecutive quarters, including a significant growth in profit after tax and net sales. However, the stock has underperformed over the past year, with a return of -15.98%, despite a 38.4% increase in profits, indicating a disconnect between stock performance and underlying financial health.
In the broader market context, Baid Finserv's short-term return of +4.08% over the past month contrasts with the Sensex, which has declined by 2.38% during the same period. This suggests that while the stock is experiencing a positive movement relative to the market, it has struggled significantly over the longer term, with a year-to-date decline of -21.38% compared to the Sensex's gain of +3.07%. The company's weak long-term fundamental strength, characterized by an average return on equity of 6.68% and modest growth rates in net sales and operating profit, raises concerns about its sustainability, despite its attractive valuation metrics and recent positive quarterly results.