Why is Chavda Infra Ltd falling/rising?

As of 12-Aug, Chavda Infra Ltd is currently priced at Rs 109.70, reflecting an increase of Rs 0.45 or 0.41%. Despite this slight uptick, the stock has shown a significant decline over the past month, down 13.96%, and a year-to-date drop of 34.27%. The stock is currently trading 2.46% above its 52-week low and has underperformed against its sector by 1.05%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. There has also been a notable decrease in investor participation, with delivery volume falling by 58.33% compared to the 5-day average, suggesting reduced interest in the stock.
In the broader market context, Chavda Infra Ltd's performance over the past week has been worse than the benchmark Sensex, which declined only 0.67% compared to the stock's 3.01% drop. Over the past month, while the Sensex has decreased by 2.63%, Chavda Infra Ltd's decline of 13.96% highlights its underperformance. The stark contrast in returns indicates that the stock is facing challenges that are not as prevalent in the broader market, contributing to its recent price movements.