Why is Bharat Global falling/rising?

As of 13-Aug, Bharat Global Developers Ltd is experiencing a price increase, currently at Rs 79.05, which reflects a rise of 3.75 or 4.98%. The stock has shown a positive trend over the last two days, gaining 10.17% in this period. Despite this recent uptick, the stock has underperformed significantly over the past month and year, with declines of 42.15% and 55.21%, respectively. Additionally, it is trading below all key moving averages, indicating a longer-term bearish trend. There is a noted decrease in investor participation, with delivery volume falling by 9.02% against the five-day average, which may suggest waning interest despite the recent price gains.
In the broader market context, Bharat Global's short-term performance contrasts with the benchmark Sensex, which has remained relatively flat with a change of -0.01% over the past week. While the stock has outperformed its sector today by 4.84%, its significant declines over the past month and year highlight a challenging environment. The stock's substantial gains over the last three years, at 440.70%, provide a longer-term perspective that may attract some investors, but the current volatility and declining participation could temper enthusiasm in the near term.