Why is BPL falling/rising?

As of 30-Jul, BPL Ltd's stock price is currently at 83.37, reflecting a decrease of 0.12, or 0.14%. The stock's performance today is in line with its sector, but it is experiencing a decline in investor participation, with delivery volume falling by 55.95% against the 5-day average. Over the past week, the stock has dropped by 5.51%, and it has seen a significant decline of 35.12% over the past year, despite the company reporting a substantial increase in profits of 369.8%. The stock is trading at a discount compared to its peers, and it has a low debt-to-equity ratio, indicating a stable financial position. However, the recent negative price movement suggests that investor sentiment may be cautious despite the company's strong fundamentals.
In the broader market context, BPL Ltd's short-term performance has been worse than the benchmark, with a 1-week decline of 5.51% compared to a 1.50% drop in the Sensex. This underperformance in the stock market may be contributing to the downward pressure on BPL's stock price. While the company has shown healthy long-term growth indicators, such as a 44.26% annual growth rate in operating profit and a high return on capital employed (ROCE) of 26.61%, the overall market sentiment and recent declines in stock performance may be overshadowing these positive aspects.