Why is Bharat Road falling/rising?

As of 15-Oct, Bharat Road Network Ltd's stock price is currently at 22.85, reflecting an increase of 0.26, or 1.15%. The stock has shown a trend reversal by gaining after three consecutive days of decline. However, despite today's positive movement, the stock has underperformed significantly over the longer term, with a year-to-date decline of 50.03% and a one-year drop of 50.70%. Today's performance indicates that it has outperformed its sector by 1.11%, but there is a notable decrease in investor participation, with delivery volume falling by 78% compared to the five-day average. The stock's moving averages indicate it is currently above the 20-day, 50-day, and 100-day averages but below the 5-day and 200-day averages, suggesting mixed short-term momentum.
In the broader market context, the Sensex has shown a positive return of 1.02% over the past week, while Bharat Road Network's stock has declined by 5.89% in the same period, indicating a significant underperformance relative to the benchmark. Over the past month, the stock has managed a slight gain of 0.75%, which is comparable to the Sensex's 1.00% increase. The stark contrast in year-to-date and yearly performance between Bharat Road Network and the Sensex, which has risen by 5.72% and 0.96% respectively, highlights the challenges the company faces in regaining investor confidence amidst a generally positive market environment.