Why is Chavda Infra Ltd falling/rising?

As of 25-Jun, Chavda Infra Ltd is experiencing a price increase, with its current price at 128.15, reflecting a rise of 3.05 or 2.44%. The stock has outperformed its sector today by 1.23%. However, it is important to note that while the stock is currently above its 5-day moving average, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 29.41% compared to the 5-day average. Over the past week, the stock has shown a modest gain of 2.89%, but it has underperformed over the longer term, with a decline of 10.38% over the past month and a year-to-date drop of 23.22%.
In the broader market context, the Sensex has risen by 1.74% over the past week, indicating that while Chavda Infra Ltd has shown some short-term resilience, it has lagged significantly behind the benchmark in the longer term, with a year-over-year decline of 25.88% compared to the Sensex's gain of 6.42%. This suggests that while there may be some positive momentum in the short term, the overall performance of Chavda Infra Ltd remains weak relative to the market, reflecting broader challenges that the company faces.