Why is Bharat Global falling/rising?

As of 14-Jul, Bharat Global Developers Ltd is experiencing a decline in its stock price, currently at Rs. 134.90, which reflects a decrease of Rs. 1.75 or 1.28%. The stock has hit a new 52-week low of Rs. 131.15 today and has been on a downward trend, having fallen consecutively for the last four days, resulting in a total decline of 15.16% during this period. In terms of performance against benchmarks, the stock has underperformed significantly, with a one-week return of -10.93% compared to the Sensex's -1.42%. Additionally, the stock is trading below all major moving averages, indicating a bearish trend. While there were positive results in net sales and profit after tax for the latest six months, the stock's overall performance has been hindered by a consistent underperformance against the benchmark over the last three years, with a one-year return of -26.28%.
In the broader market context, Bharat Global's short-term performance has been notably poor compared to the Sensex, which has gained 1.40% over the past month. This stark contrast highlights the stock's struggles, especially as it has underperformed the BSE500 in each of the last three annual periods. Despite a rise in investor participation, with a 20.96% increase in delivery volume, the overall sentiment remains negative due to the stock's significant declines and the lack of positive momentum in the market. The stock's fair valuation and trading at a discount compared to peers do not seem to be enough to counteract the negative trends observed in recent performance.