Why is Bharat Global falling/rising?

As of 03-Jul, Bharat Global Developers Ltd is experiencing a decline in its stock price, currently at Rs. 151.80, which represents a decrease of 7.95 points or 4.98%. The stock has hit a new 52-week low today and has underperformed its sector by 4.78%. It has been on a downward trend, falling consecutively for the last two days with a total decline of 9.94% during this period. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation is waning, as evidenced by a 5.12% decrease in delivery volume compared to the 5-day average. Despite positive results in net sales and profit after tax for the latest six months, the stock's return over the past year has been a significant -24.72%, with profits remaining stagnant.
In the broader market context, Bharat Global's performance has been notably weaker than the benchmark, with a 1-week return of -14.62% compared to the Sensex's -0.62%. Over the past year, while the Sensex has gained 4.07%, Bharat Global has consistently underperformed, reflecting a lack of investor confidence and a challenging valuation with a return on capital employed (ROCE) of only 2. The stock is considered expensive relative to its earnings potential, and its historical performance has not aligned with market expectations, further contributing to its declining price.