Why is BCL Enterprises falling/rising?

As of 29-Jul, BCL Enterprises Ltd is currently priced at 0.73, showing no change (0.00%). The stock has underperformed its sector by 0.46% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 2.67%, and it has experienced a significant drop of 22.34% year-to-date. Despite a notable increase in profits by 127.2% over the past year, the stock has generated a return of -33.64%, indicating a disconnect between profitability and stock performance. The company has a very attractive valuation with a low Price to Book Value of 0.6, but it is facing operating losses and weak long-term fundamental strength, which contribute to its current price stagnation.
In the broader market context, BCL Enterprises has underperformed the Sensex, which has only declined by 1.03% over the past week and has gained 4.09% year-to-date. This stark contrast highlights the stock's struggles relative to the broader market. The falling investor participation, with a delivery volume that has decreased by 64.68% against the 5-day average, further indicates a lack of confidence among investors. While the stock is trading at a discount compared to its peers, the overall negative sentiment and operational challenges are likely contributing to its continued decline in price.