Why is Bharat Global falling/rising?

As of 09-Jul, Bharat Global Developers Ltd is experiencing a decline in its stock price, currently at Rs 151.05, which represents a decrease of Rs 7.95 or 5.0%. Today's price summary indicates that the stock has underperformed its sector by 4.25% and has fallen after two consecutive days of gains. The stock reached an intraday high of Rs 163.8 but dropped to a low of Rs 151.05. Over the past week, the stock has seen a return of -5.45%, and over the past month, it has decreased by 33.25%. Despite reporting positive net sales and profit after tax for the nine-month period ending March 25, the stock's overall performance has been hindered by a low return on capital employed and an expensive valuation relative to its peers. Additionally, the stock has consistently underperformed against the benchmark, with a one-year return of -20.48%.
In the broader market context, the Sensex has shown a slight increase of 0.15% over the past week, contrasting with Bharat Global's significant decline. This underperformance is further highlighted by the stock's negative returns over the past year and its inability to generate profits despite a drop in stock price. The falling investor participation, with a 20.09% decrease in delivery volume compared to the five-day average, suggests a lack of confidence among investors. Overall, the combination of poor stock performance relative to benchmarks, high valuation concerns, and declining investor interest contributes to the stock's downward movement.