Why is Bhagawati Oxygen falling/rising?

As of 09-Sep, Bhagawati Oxygen Ltd is currently priced at 41.00, reflecting a decrease of 0.05, or 0.12%. The stock has been experiencing a downward trend, having fallen consecutively for the last two days, resulting in a total decline of 5.55% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish momentum. Investor participation has also decreased significantly, with delivery volume dropping by 40.23% compared to the 5-day average. The stock's performance over the past week shows a decline of 5.38%, while it has underperformed the benchmark Sensex, which has gained 1.18% during the same timeframe.
In the broader market context, Bhagawati Oxygen's year-to-date performance is notably poor, with a decline of 22.42%, contrasting sharply with the Sensex's gain of 3.79%. Over the past month, the stock has decreased by 6.75%, while the benchmark has risen by 1.56%. This underperformance highlights the challenges faced by the company in attracting investor interest, particularly in light of the falling delivery volumes and overall market liquidity. The lack of available positive factors further compounds the stock's struggles, as there are no indications of favorable developments that could reverse its current trajectory.