Why is ADC India falling/rising?

As of 08-Jul, ADC India Communications Ltd is experiencing a decline in its stock price, currently at Rs 1,252.00, reflecting a decrease of Rs 14.5 or 1.14%. The stock has underperformed its sector by 0.51% today, despite reaching an intraday high of Rs 1,299.05 earlier in the day. Over the past week, the stock has fallen by 4.86%, while it has shown a significant increase of 19.51% over the past month. However, the stock has a concerning year-to-date return of -23.48% and a one-year return of -42.29%. The company's recent financial performance has raised red flags, particularly with a 58.5% drop in PAT and the lowest operating profit to net sales ratio recorded. Additionally, 65% of promoter shares are pledged, which can exert further downward pressure on the stock price in a declining market.
In the broader market context, while the Sensex has remained relatively stable with a slight increase of 0.02% over the past week, ADC India has significantly lagged behind, indicating a lack of investor confidence. The stock's performance over the last year contrasts sharply with the benchmark, which has generated positive returns of 1.98%. Despite a healthy long-term growth rate in operating profit and a high dividend yield of 4.34%, the overall sentiment remains negative due to the company's recent poor financial results and high promoter share pledging. This combination of factors contributes to the stock's current downward trajectory.