Why is Bharat Global falling/rising?

As of 30-Jun, Bharat Global Developers Ltd is experiencing a decline in its stock price, currently at Rs 160.55, which represents a decrease of Rs 8.4 or 4.97%. The stock has been underperforming significantly, having fallen for three consecutive days, resulting in a total drop of 12.03% during this period. It is also trading close to its 52-week low, just 1.99% away from Rs 157.35. The stock's performance over the past week and month shows a decline of 3.05% and 29.57%, respectively, while it has generated a negative return of 22.63% over the past year. Despite some positive results in net sales and profit after tax, the stock's valuation appears expensive with a low return on capital employed, contributing to its recent downward trend.
In the broader market context, Bharat Global's performance is notably weaker compared to the benchmark index, Sensex, which has risen by 2.09% in the past week and 2.65% in the past month. The stock's consistent underperformance against the benchmark over the last three years, alongside a significant drop in investor participation and liquidity issues, further exacerbates its decline. The stock's trading below all major moving averages indicates a bearish trend, and the recent negative sentiment among investors is reflected in the falling delivery volumes. Overall, these factors suggest that Bharat Global is facing significant challenges that are driving its stock price down.