Why is Brijlaxmi Leas. falling/rising?

As of 08-Jul, Brijlaxmi Leasing & Finance Ltd is experiencing a slight decline in its stock price, currently at 10.82, reflecting a decrease of -0.01 (-0.09%). The stock has been losing value for the last two days, with a total drop of -0.46% during this period. Despite this recent downturn, the stock has shown strong performance over the longer term, with a 39.25% increase over the past year and a remarkable 374.56% rise over the last three years. Positive financial results reported in March, including a significant growth in profit before tax and a high return on equity of 53.4, suggest a strong valuation relative to peers. However, the stock's recent performance is tempered by a decline in investor participation, as evidenced by an 8.1% drop in delivery volume compared to the five-day average.
In the broader market context, Brijlaxmi's short-term performance has lagged slightly behind the benchmark Sensex, which has gained +0.02% over the past week while Brijlaxmi has decreased by -0.09%. Despite the recent decline, the stock has outperformed the benchmark over longer periods, including a 15.97% increase year-to-date compared to the Sensex's 7.13%. The stock's liquidity remains adequate for trading, but the weak long-term fundamental strength indicated by an average return on equity of 3.55% raises concerns among investors, contributing to the current selling pressure.