Why is BCL Enterprises falling/rising?

As of 22-Jul, BCL Enterprises Ltd is experiencing a decline in its stock price, currently at 0.75, which reflects a decrease of 0.01 or 1.32%. The stock has underperformed its sector by 1.11% today and has been on a downward trend for the last two days, accumulating a total drop of 5.06%. Additionally, BCL Enterprises has shown significant negative returns over various periods, including a year-to-date decline of 20.21% and a staggering 63.24% drop over the last three years. Despite a very attractive valuation indicated by a 0.6 Price to Book Value and a notable increase in profits by 127.2% over the past year, the stock's performance has been hindered by operating losses and weak long-term fundamental strength, leading to its current negative trajectory.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has fallen 1.32% over the past week while the Sensex has only decreased by 0.47%. This underperformance is further highlighted by the stock's trading below all major moving averages, indicating a lack of upward momentum. The decline in delivery volume by 27.69% against the five-day average suggests a decrease in investor participation, which may contribute to the stock's liquidity issues. Overall, while the company has some attractive valuation metrics, the combination of operating losses and poor recent performance relative to the market has led to a negative sentiment surrounding BCL Enterprises Ltd.