Why is Bharat Agri Fert falling/rising?

As of 05-Aug, Bharat Agri Fert & Realty Ltd is currently priced at 37.75, reflecting a slight increase of 0.03 or 0.08%. The stock has shown a trend reversal by gaining after two consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Over the past week, the stock has underperformed its sector by 2.47%, and its year-to-date performance shows a significant decline of 47.50%. Despite these challenges, there has been a notable increase in investor participation, with delivery volume rising by 48.34% compared to the 5-day average, suggesting a potential shift in market sentiment.
Broader market context indicates that while Bharat Agri Fert has struggled with a 3.21% decline over the past week, the benchmark Sensex has only fallen by 0.77% during the same period. This underperformance is further highlighted by the stock's year-on-year decline of 60.57%, contrasting sharply with the Sensex's modest gain of 2.48%. The fertilizer sector overall has seen a positive movement, gaining 2.26%, which may provide some support for Bharat Agri Fert's price in the near term. However, the stock's substantial underperformance relative to both the sector and the benchmark suggests ongoing challenges that could continue to impact its price negatively.