Why is BCL Enterprises falling/rising?

As of 18-Jul, BCL Enterprises Ltd is currently priced at 0.79, with no change in price (0.00%). The stock has shown a performance today that outperformed its sector by 0.29%. However, it is trading below its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a weaker trend in the medium to long term. The stock has experienced a significant decline over the past year, with a return of -28.18%, despite a notable increase in profits of 127.2%. The company has a very attractive valuation with a Price to Book Value of 0.7, but it is facing operating losses, which contribute to its weak long-term fundamental strength.
In the broader market context, BCL Enterprises has outperformed the Sensex by 1.28% over the past week, while the benchmark has declined by 0.90%. However, the stock's year-to-date performance is notably poor at -15.96%, contrasting with the Sensex's gain of 4.63%. The falling investor participation, as indicated by a 36.79% drop in delivery volume against the 5-day average, suggests a lack of confidence among investors. Despite the stock's attractive valuation metrics, the overall weak performance and operating losses are likely contributing to its struggles in the market.