Why is Batliboi falling/rising?

As of 23-Jun, Batliboi Ltd's stock price is currently at 124.00, reflecting a decrease of 4.95, or 3.84%. The stock has underperformed its sector today by 3.79%, reaching an intraday low of Rs 123.2. Over the past week, the stock has declined by 5.74%, while it has shown a positive return of 25.25% over the past month. Despite the recent drop, the company has reported its highest net sales and cash equivalents, indicating strong operational performance. However, the stock's long-term fundamental strength is weak, with a low average Return on Capital Employed (ROCE) and poor growth in net sales over the last five years, which may contribute to the negative sentiment around the stock.
In the broader market context, the Sensex has shown a slight increase of 0.12% over the past week, contrasting with Batliboi's decline. This suggests that while the overall market is experiencing stability, Batliboi is facing specific challenges that are impacting its performance negatively. The stock's year-to-date return is down by 4.83%, compared to the Sensex's gain of 4.81%, further highlighting its underperformance. The falling investor participation, with a significant drop in delivery volume, also indicates a lack of confidence among investors, which may be exacerbating the stock's downward trend.