Why is ADC India falling/rising?

As of 22-Jul, ADC India Communications Ltd's stock price is currently at 1,164.50, reflecting an increase of 47.2 points or 4.22%. Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline. It outperformed its sector by 5.7% and reached an intraday high of Rs 1185, marking a 6.06% increase. Despite a year-to-date decline of 28.83% and a one-year drop of 35.48%, the stock has shown a positive return of 9.15% over the past month. The company benefits from a high dividend yield of 4.92% and a healthy long-term growth rate in operating profit, which has grown at an annual rate of 49.49%. However, the stock faces challenges due to negative quarterly results and a significant percentage of promoter shares being pledged, which can exert downward pressure on the stock price.
In the broader market context, ADC India has underperformed compared to the Sensex, which has gained 5.18% year-to-date, while ADC India has seen a substantial decline. Over the past week, the stock has decreased by 1.73%, contrasting with the Sensex's minor decline of 0.47%. This underperformance highlights the stock's volatility and the impact of negative sentiment surrounding its recent financial results. Despite the current rise, the overall trend remains concerning, as the stock has not kept pace with broader market gains, indicating a challenging environment for investors.