Why is Bharat Global falling/rising?

As of 04-Jul, Bharat Global Developers Ltd is experiencing a decline in its stock price, currently at Rs. 144.25, which represents a decrease of Rs. 7.55 or 4.97%. The stock has hit a new 52-week low today and has underperformed its sector by 5.68%. Over the past three days, the stock has consistently fallen, resulting in a total decline of 14.42%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite reporting higher net sales and profit after tax in the latest six months, the stock's return over the past year has been -25.38%, indicating a lack of profitability growth, which, combined with an expensive valuation and low return on capital employed, contributes to its negative performance.
In the broader market context, Bharat Global's short-term performance has significantly lagged behind the benchmark, with a 1-week return of -14.62% compared to the Sensex's -0.74%. This consistent underperformance against the benchmark over the last three years highlights investor concerns regarding the company's profitability and valuation relative to its peers. The falling investor participation, as evidenced by a 20.08% drop in delivery volume, further indicates a lack of confidence among investors, contributing to the stock's downward trajectory.