Why is Bhagawati Oxygen falling/rising?

As of 19-Aug, Bhagawati Oxygen Ltd's stock price is currently at Rs 42.42, reflecting an increase of Rs 1.42 or 3.46%. The stock has shown a performance today that outperformed its sector by 1.81%, reaching an intraday high of Rs 42.42. However, it also experienced a low of Rs 40.1, indicating some volatility. The stock's performance over the past week has been slightly positive at +1.63%, but it has struggled over the past month with a decline of -9.69%. Additionally, the stock has fallen significantly year-to-date by -19.74%. Notably, there has been a decrease in investor participation, with delivery volume dropping by -27.28% compared to the five-day average, which may indicate waning interest among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by +1.76% over the past week, Bhagawati Oxygen's short-term performance is relatively weaker. The Sensex has shown a minor decline of -0.14% over the past month, while Bhagawati Oxygen's decline is more pronounced. This suggests that while the stock is experiencing a short-term rise today, its overall trend remains negative, particularly in the longer term, where it has underperformed the benchmark significantly year-to-date and over the past year. The stock's moving averages indicate that it is currently above its 5-day average but below its longer-term moving averages, further highlighting the challenges it faces in maintaining upward momentum.