Why is Brijlaxmi Leas. falling/rising?

As of 18-Jul, Brijlaxmi Leasing & Finance Ltd is experiencing a slight decline in its stock price, currently at 10.45, reflecting a decrease of 0.03 or 0.29%. The stock has been losing value for the last two days, with a total drop of 0.48% during this period. Despite this recent downturn, the stock has shown strong performance over the longer term, with a 26.67% increase over the past year and a remarkable 407.28% rise over the last three years. However, the stock's delivery volume has significantly decreased by 81.14% compared to the five-day average, indicating a decline in investor participation. While the company reported positive financial results in March, including record profits and a high return on equity, concerns about its long-term fundamental strength persist, as indicated by a lower average ROE of 3.55%.
In the broader market context, the stock's short-term performance has been slightly worse than the benchmark, with a 0.95% decline over the past week compared to a 0.90% drop in the Sensex. However, the stock has outperformed the benchmark over longer periods, such as a 12% increase year-to-date versus a 4.63% rise in the Sensex. This suggests that while the stock is currently facing some challenges, it has maintained a strong overall performance relative to the market in the longer term.