Why is Bharat Global falling/rising?

As of 25-Aug, Bharat Global Developers Ltd's stock price is currently at Rs 111.10, reflecting an increase of Rs 5.25 or 4.96%. The stock has been on a positive trajectory, gaining for the last nine consecutive days and achieving a remarkable 54.84% return during this period. It opened today with a gain of 4.96% and reached an intraday high of Rs 111.10. Despite this recent surge, the stock has underperformed over the past year with a decline of 46.96%, although it has shown impressive growth in net sales and operating profit in the long term. However, concerns regarding poor management efficiency, high debt levels, and low profitability metrics may be contributing to investor caution.
In the broader market context, Bharat Global's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 0.45% over the past week. The stock's recent gains of 27.48% in the same timeframe indicate a strong rebound relative to the market. However, the stock's long-term performance remains concerning, as it has underperformed the market over the past year. The lack of domestic mutual fund investment suggests a lack of confidence in the company's future prospects, which could weigh on its price movements despite the recent positive trend.