Why is Bajel Projects falling/rising?

As of 10-Jul, Bajel Projects Ltd is currently priced at Rs 248.00, reflecting a decrease of Rs 3.2 or 1.27%. Today's price summary indicates that the stock has underperformed its sector by 1.51%, having touched an intraday low of Rs 242, which represents a decline of 3.66%. Despite this drop, the stock has shown positive performance over the past week and month, with returns of +1.00% and +9.73%, respectively. Additionally, the company has demonstrated strong long-term growth, with net sales increasing at an annual rate of 97.90% and operating profit at 72.86%. The low debt-to-equity ratio suggests a stable financial position, which may support investor confidence despite the recent price decline.
In the broader market context, Bajel Projects' performance contrasts with the Sensex, which has seen a slight decline of 0.06% over the past week and a gain of 0.97% over the past month. While Bajel Projects has outperformed the benchmark in the short term, its year-to-date return of -9.42% significantly lags behind the Sensex's gain of 6.46%. This disparity may contribute to the stock's recent struggles, as investor sentiment appears to be influenced by the overall market conditions and the stock's relative performance.