Why is Bajel Projects falling/rising?

As of 09-Sep, Bajel Projects Ltd is experiencing a decline in its stock price, currently at 197.25, which reflects a decrease of 0.75 or 0.38%. The stock has been underperforming significantly, having fallen consecutively for the last four days, resulting in a total decline of 3.66% during this period. Additionally, it is trading below all its moving averages, indicating a bearish trend. The stock's performance over the past week shows a decrease of 2.83%, while its one-month return is down by 16.28%. Despite some positive factors such as a low debt-to-equity ratio and increasing institutional investor participation, the company faces challenges including poor management efficiency, as evidenced by a low return on equity of 2.40%, and disappointing financial results, which have contributed to its recent price decline.
In the broader market context, Bajel Projects has consistently underperformed against the benchmark, with a year-to-date return of -27.96% compared to the Sensex's gain of 3.79%. This trend of underperformance is reflected in the stock's returns over the past year, where it has generated a loss of 22.40%, while the benchmark has remained relatively flat with a -0.56% return. The stock's recent struggles are compounded by a significant drop in investor participation, with delivery volume decreasing by 23.84% against the five-day average. Overall, the combination of weak financial performance, declining investor interest, and consistent underperformance against the market has led to the stock's current downward trajectory.