Why is Bharat Global falling/rising?

As of 02-Sep, Bharat Global Developers Ltd is experiencing a price increase, currently at Rs 141.65, reflecting a rise of 6.7 or 4.96%. The stock has shown impressive performance, gaining 21.43% over the past week and 45.58% over the past month. It has been on a consecutive gaining streak for the last 14 days, resulting in a remarkable 97.42% return during this period. Despite this positive momentum, the stock's delivery volume has decreased significantly, indicating a potential decline in investor participation. Additionally, while the company has demonstrated healthy long-term growth with net sales increasing at an annual rate of 267.40%, it also faces challenges such as poor management efficiency and a high debt-to-equity ratio, which could impact its profitability.
In the broader market context, Bharat Global has outperformed the Sensex, which has declined by 0.78% over the past week, while Bharat Global's stock has surged. This contrast highlights the stock's strong short-term performance relative to the benchmark. However, it is important to note that the stock has underperformed over the past year, generating a return of -48.40%, which raises concerns about its long-term viability. The lack of domestic mutual fund investment may also suggest caution among institutional investors regarding the stock's future prospects.