Why is BGIL Films & Tec falling/rising?

As of 19-Nov, BGIL Films & Technologies Ltd is experiencing a decline in its stock price, currently at 18.82, which reflects a decrease of 0.38 or 1.98%. The stock has been underperforming, having lost 11.27% over the last six days, and it has consistently fallen for the past six days. Additionally, the stock's performance today has underperformed its sector by 1.61%. Despite a strong year-to-date return of 185.15% and a remarkable increase of 235.47% over the past year, the recent trend indicates a significant drop in investor participation, with delivery volume plummeting by 92.81% compared to the five-day average.
In the broader market context, the Sensex has shown a positive return of 0.85% over the past week, contrasting with BGIL's decline of 9.48% during the same period. While the stock has outperformed the benchmark over longer time frames, the recent short-term performance highlights a stark divergence. The stock's moving averages indicate that it is currently lower than its 5-day and 20-day moving averages, suggesting a bearish trend in the short term. Overall, the combination of declining investor interest and recent price movements has contributed to the stock's downward trajectory.