Why is Chavda Infra Ltd falling/rising?

As of 19-Sep, Chavda Infra Ltd's stock price is currently at 114.50, reflecting an increase of 0.7, or 0.62%. The stock has shown a performance today that outperformed its sector by 0.32%. However, it is important to note that while the stock is higher than its 5-day moving average, it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume on 18 September dropping by 47.06% compared to the 5-day average. Over the past week, the stock has gained 1.82%, but it has experienced a decline of 4.58% over the past month and a substantial year-to-date drop of 31.40%.
In the broader market context, the Sensex has increased by 0.85% over the past week, indicating that while Chavda Infra Ltd has outperformed the benchmark in the short term, it has lagged behind over longer periods, with a year-to-date decline compared to the Sensex's gain of 7.11%. The stock's performance over the past year shows a significant drop of 39.80%, while the Sensex has only decreased by 0.35%. This disparity suggests that while there may be short-term gains, the overall trend for Chavda Infra Ltd remains negative, influenced by falling investor participation and lower liquidity, which could hinder its recovery in the near future.