Why is Chavda Infra Ltd falling/rising?

As of 23-Sep, Chavda Infra Ltd is experiencing a decline in its stock price, currently at Rs 110.80, reflecting a decrease of Rs 0.7 or 0.63%. The stock has underperformed in the short term, with a 1-week return of -4.07% and a 1-month return of -12.79%. Additionally, it is trading lower than its moving averages across various time frames, indicating a bearish trend. The stock is also close to its 52-week low, being just 3.43% away from Rs 107. However, there has been a rise in investor participation, with delivery volume increasing by 45.83% compared to the 5-day average, suggesting some interest despite the overall downward movement.
In the broader market context, the Sensex has shown a slight decline of 0.28% over the past week and a modest gain of 1.20% over the past month, indicating that the market is relatively stable compared to Chavda Infra Ltd's significant losses. Year-to-date, the stock has fallen by 33.61%, while the Sensex has gained 6.45%, highlighting a stark contrast in performance. This divergence suggests that factors specific to Chavda Infra Ltd are contributing to its price decline, as the broader market remains resilient.