Why is Chavda Infra Ltd falling/rising?

As of 04-Sep, Chavda Infra Ltd is currently priced at 113.25, reflecting a slight increase of 0.2, or 0.18%. Despite this minor uptick, the stock has been underperforming in the longer term, with a year-to-date decline of 32.14% and a one-year drop of 35.54%. Today's performance indicates that the stock has outperformed its sector by 0.99%, and there has been a notable increase in investor participation, with delivery volume rising by 127.94% compared to the five-day average. However, it is important to note that the stock is trading below its moving averages across multiple time frames, indicating a bearish trend. There is no specific information available regarding positive or negative factors impacting the stock.
In the broader market context, Chavda Infra Ltd's recent performance contrasts sharply with the benchmark Sensex, which has gained 4.61% year-to-date. Over the past week, Chavda Infra Ltd has declined by 4.91%, while the Sensex has increased by 0.95%. This significant underperformance relative to the benchmark suggests that investor sentiment towards Chavda Infra Ltd remains weak, despite the recent uptick in price. The liquidity of the stock is adequate for trading, but the overall trend indicates challenges ahead for the company in the current market environment.