Why is Baid Finserv falling/rising?

As of 19-Aug, Baid Finserv Ltd is experiencing a rise in its stock price, currently at 12.12, with a change of 0.64, representing a 5.57% increase. The stock has shown a positive performance today, outperforming its sector by 5.6%, and has gained consecutively over the last two days, resulting in a total return of 7.93% during this period. Despite a negative return of -4.72% over the past month and a significant decline of -20.52% year-to-date, the company has declared positive results for the last three consecutive quarters, with a notable growth in profit after tax and net sales. The stock is trading at a discount compared to its peers, with a price-to-book value of 0.8, indicating attractive valuation despite a weak long-term fundamental strength reflected in its average return on equity of 6.68%. In the broader market context, Baid Finserv's short-term return of +3.15% over the past week outperformed the Sensex, which increased by only +1.76%. However, the stock has underperformed the market over the past year, with a return of -18.66% compared to the Sensex's +1.52%. This discrepancy highlights the stock's volatility and challenges in maintaining investor confidence, particularly given the falling investor participation and declining delivery volume. While the recent positive financial results may have contributed to the short-term rise, the long-term outlook remains cautious due to weak growth metrics and overall underperformance relative to the market.