Why is Bondada Engineer falling/rising?

As of 12-Nov, Bondada Engineering Ltd is currently priced at 390.35, reflecting a decline of 6.25 points or 1.58%. The stock has been on a downward trend, losing value for the last seven days, with a total drop of 11.98% during this period. Today, it opened significantly lower, down by 10%, and experienced a wide trading range of Rs 49.8, with an intraday high of Rs 406.75 and a low of Rs 356.95. The stock is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, investor participation has decreased, with delivery volume falling by 9.75% compared to the five-day average, which suggests a lack of confidence among investors.
In the broader market context, Bondada Engineering's performance has been notably poor compared to the benchmark Sensex, which has gained 1.21% over the past week while the stock has dropped by 10.36%. Year-to-date, the stock has declined by 35.65%, contrasting sharply with the Sensex's increase of 8.10%. This significant underperformance relative to the benchmark indicates that investor sentiment towards Bondada Engineering is weak, further contributing to its falling stock price.