Why is Bikewo Green falling/rising?

As of 10-Sep, Bikewo Green Tech Ltd is experiencing a decline in its stock price, currently at 16.75, reflecting a decrease of 0.15 or 0.89%. The stock has underperformed in the longer term, with a year-to-date decline of 41.64%, despite a slight outperformance today against its sector by 0.45%. However, it is trading below its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 32.2% compared to the 5-day average, indicating reduced interest in trading the stock.
In the broader market context, Bikewo Green's short-term performance over the past week shows a gain of 1.21%, which is slightly better than the Sensex's increase of 1.04%. However, over the past month, the stock has decreased by 2.62%, contrasting with the Sensex's gain of 2.50%. This suggests that while there may be some short-term positive momentum, the overall trend remains negative, particularly when considering the substantial year-to-date decline and the lack of positive factors available to support a recovery in investor confidence.