Why is Chavda Infra Ltd falling/rising?

As of 08-Sep, Chavda Infra Ltd is experiencing a decline in its stock price, currently at Rs 112.60, which reflects a decrease of Rs 1.95 or 1.7%. The stock has underperformed today, lagging behind its sector by 2.1%. Additionally, it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 3.14%, while its performance over the past month shows a modest increase of 3.97%. However, year-to-date, the stock has significantly underperformed with a decline of 32.53%, and over the past year, it has dropped by 39.77%. The stock is currently 4.97% away from its 52-week low, suggesting it is close to a critical support level.
In the broader market context, the Sensex has shown a positive return of 0.60% over the past week and a 1.68% increase over the past month, contrasting with Chavda Infra Ltd's negative short-term performance. This disparity highlights the stock's struggle relative to the overall market. The year-to-date performance of the stock is particularly concerning, as it has underperformed the Sensex, which has gained 4.77% during the same period. The lack of available positive or negative dashboard factors further complicates the outlook, as there are no specific catalysts identified that could explain the stock's recent movement.