Why is Bharat Global falling/rising?

As of 27-Jun, Bharat Global Developers Ltd is experiencing a decline in its stock price, currently at Rs 168.95, which represents a decrease of 8.85 points or 4.98%. The stock has underperformed its sector by 4.69% today and has been on a downward trend for the last two days, resulting in a total loss of 7.42% during this period. Additionally, the stock opened with a loss of 4.3% and reached an intraday low of Rs 168.95. Over the past week, the stock has decreased by 3.07%, and it has shown a significant decline of 36.43% over the past month, while the Sensex has increased by 3.07%. Despite positive results in net sales and profit after tax for the latest six months, the stock's return over the past year is negative at -14.97%, indicating a lack of investor confidence.
In the broader market context, Bharat Global's performance has been notably weaker compared to the Sensex, which has gained 2.00% over the past week and 7.58% year-to-date. The stock's long-term performance has also been disappointing, underperforming the BSE 500 over the last three years and one year. The company's low return on capital employed (ROCE) of 2 and its expensive valuation relative to its peers contribute to the negative sentiment surrounding the stock. Furthermore, the stock is trading below all key moving averages, which typically signals a bearish trend, reinforcing the perception that it is a strong sell at this time.