Why is Bazel Internatio falling/rising?

As of 10-Jun, Bazel International Ltd is experiencing a decline in its stock price, currently at 65.31, which reflects a decrease of 5.69 or 8.01%. The stock has underperformed its sector by 7.68% today and has been on a downward trend, losing value for the last four consecutive days, resulting in a total decline of 16.4% during this period. Despite opening with a gain of 6.76% and reaching an intraday high of Rs 75.8, it also faced significant volatility, trading as low as Rs 62.05. Over the past week and month, the stock has seen a substantial drop of 15.17%, while its year-to-date performance shows a decline of 20.48%. The stock's weak performance is compounded by a low return on equity (ROE) of 4.9 and a concerning 60.46% drop in profit after tax over the last six months, indicating weak long-term fundamental strength.
In the broader market context, Bazel International's recent performance contrasts sharply with the Sensex, which has gained 2.05% over the past week and 3.70% over the past month. The stock's technical indicators have shifted to a mildly bearish trend, with deteriorating MACD and Bollinger Band factors, suggesting a lack of investor confidence. Additionally, the stock's delivery volume has decreased significantly, falling by 47.19% against the five-day average, indicating reduced investor participation. While the stock is trading at a discount compared to its peers and has shown a positive return of 8.69% over the past year, the overall negative sentiment and recent performance trends have led to its current decline.