Why is Bharat Road falling/rising?

As of 07-Nov, Bharat Road Network Ltd's stock price is currently at 24.16, reflecting a decrease of 0.16, or 0.66%. The stock has been experiencing a downward trend, having lost 4.99% over the last two days. In terms of performance against benchmarks, the stock has shown a decline of 0.08% over the past week, while it has gained 1.38% over the past month. However, year-to-date, the stock is down significantly by 47.17%, contrasting sharply with the Sensex, which has increased by 6.50%. Additionally, the stock's delivery volume has decreased by 11.36% compared to the 5-day average, indicating falling investor participation.
In the broader market context, the stock's recent performance is relatively in line with the sector, but it has underperformed against the Sensex over the short term. While the stock has been trading above its 20-day, 50-day, and 100-day moving averages, it remains below the 5-day and 200-day moving averages, suggesting mixed signals regarding its momentum. The significant year-to-date and one-year declines of 47.17% and 47.25%, respectively, highlight ongoing challenges for the company, which may be contributing to investor hesitance and the stock's recent price drop.