Why is Bazel Internatio falling/rising?

As of 05-Jun, Bazel International Ltd's stock price is currently at Rs 72.55, reflecting a decline of Rs 5.57, or 7.13%. The stock has underperformed its sector by 7.5% today and opened with a significant loss of 6.25%. It has also touched an intraday low of Rs 72.51. Over the past week, the stock has decreased by 7.74%, and year-to-date, it has fallen by 11.66%. Despite a strong performance over the past year with a return of 36.91%, the company's recent financial results have shown weakness, with a 60.46% decline in profit after tax over the latest six months. The stock is currently trading below all major moving averages, indicating a bearish trend, and there has been a drop in investor participation.
In the broader market context, the Sensex has only declined by 0.23% over the past week, indicating that Bazel International's short-term performance is significantly worse than the benchmark. While the stock has historically outperformed the market with a one-year return of 36.91% compared to the BSE 500's 8.09%, its current technical indicators suggest a deterioration in market sentiment. The stock's weak long-term fundamentals, highlighted by a low return on equity and a bearish technical trend, contribute to its recent price decline, suggesting that investors are cautious about its future performance despite its attractive valuation relative to peers.