Why is Bikewo Green falling/rising?

As of 23-Jun, Bikewo Green Tech Ltd is experiencing a decline in its stock price, currently at 22.05, which reflects a decrease of 1.45 or 6.17%. The stock has underperformed its sector today by 5.36%, and despite being higher than the 5-day, 20-day, 50-day, and 100-day moving averages, it remains lower than the 200-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 51.09% against the 5-day average. The stock's year-to-date performance shows a decline of 23.17%, contrasting sharply with the Sensex, which has gained 5.61% over the same period.
In the broader market context, Bikewo Green's short-term return over the past week is positive at 1.61%, while the Sensex has only increased by 0.10%. However, the stock's year-to-date performance indicates a substantial underperformance compared to the benchmark. This discrepancy suggests that while there may be some recent positive momentum, the overall trend for Bikewo Green is negative, particularly when considering the significant decline in investor interest and the stock's inability to maintain higher moving averages.