Why is BSL falling/rising?

As of 15-Jul, BSL Ltd's stock price is currently at 160.10, reflecting a decrease of 3.25, or 1.99%. The stock has been on a downward trend, having underperformed its sector by 3.33% today and experiencing a consecutive decline over the last six days, resulting in a total drop of 10.66% during this period. In terms of returns, the stock has shown a significant decline of 24.20% over the past year, alongside a 27.3% fall in profits. Despite having an attractive valuation with a return on capital employed (ROCE) of 8.5 and trading at a discount compared to peers, the company's high debt levels and weak long-term fundamentals, including a low profitability per unit of shareholders' funds, contribute to the negative sentiment surrounding the stock.
In the broader market context, BSL's short-term performance has been notably worse than the benchmark, with a 1-week return of -9.55% compared to the Sensex's -1.36%. This stark contrast highlights the stock's struggle to maintain investor confidence amidst declining sales and profitability metrics, as evidenced by the company's poor quarterly results and a low operating profit to interest ratio. The overall market environment, coupled with BSL's underperformance relative to both the BSE500 and its own historical returns, suggests a challenging landscape for the stock, further exacerbated by falling investor participation and liquidity issues.