Why is Bharat Global falling/rising?

As of 07-Aug, Bharat Global Developers Ltd is experiencing a decline in its stock price, currently at Rs. 79.45, which represents a decrease of Rs. 4.15 or 4.96%. The stock has hit a new 52-week low today and has been on a downward trend, having fallen consecutively for the last seven days, resulting in a total decline of 28.36% during this period. Additionally, the stock has underperformed its sector by 5.64% today and is trading below all key moving averages, indicating a bearish trend. Furthermore, investor participation has decreased significantly, with delivery volume dropping by 58.56% compared to the five-day average, suggesting a lack of confidence among investors.
In the broader market context, Bharat Global's short-term performance has been notably poor, with a one-week return of -20.79%, while the Sensex has only declined by 0.69% during the same period. Over the past month, the stock has plummeted by 47.54%, contrasting sharply with the Sensex's decline of just 3.38%. This stark difference highlights the stock's underperformance relative to the benchmark, indicating that the challenges faced by Bharat Global are more severe than those affecting the overall market.