Why is Chavda Infra Ltd falling/rising?

As of 09-Sep, Chavda Infra Ltd is experiencing a decline in its stock price, currently at Rs 111.15, which reflects a decrease of Rs 1.45 or 1.29%. The stock has underperformed today, falling short of sector performance by 0.97%. It is also trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 4.35%, and year-to-date, it has seen a significant drop of 33.40%. Additionally, the stock is close to its 52-week low, being only 3.73% away from Rs 107. The delivery volume has notably decreased by 74.75% compared to the 5-day average, suggesting a decline in investor participation.
In the broader market context, the Sensex has shown a positive return of 1.18% over the past week, contrasting sharply with Chavda Infra Ltd's negative performance. While the stock has gained 2.63% over the past month, it still lags behind the benchmark's 2.07% increase. Year-over-year, Chavda Infra Ltd has underperformed significantly, with a decline of 41.17%, while the Sensex has remained relatively flat at -0.27%. This stark difference in performance highlights the challenges faced by Chavda Infra Ltd in attracting investor interest and maintaining liquidity in a market that is otherwise showing resilience.