Why is Bondada Engineer falling/rising?

As of 01-Sep, Bondada Engineering Ltd's stock price is currently at Rs 399.75, reflecting an increase of Rs 5.55, or 1.41%. The stock has shown a trend reversal today, gaining after five consecutive days of decline. It reached an intraday high of Rs 413.75, representing a 4.96% increase. However, despite today's positive movement, the stock has underperformed over the past week and month, with declines of 3.02% and 8.58%, respectively. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, falling by 24.69% compared to the 5-day average, suggesting reduced investor participation.
In the broader market context, Bondada Engineering's recent performance contrasts with the Sensex, which has declined by only 1.56% over the past week and 0.29% over the past month. This indicates that while the stock is experiencing a slight uptick today, it has been lagging behind the benchmark index significantly over longer periods, with a year-to-date decline of 34.10% compared to the Sensex's gain of 2.85%. The liquidity of the stock remains adequate for trading, but the overall negative sentiment reflected in its historical performance and declining investor interest may continue to weigh on its future price movements.