Why is ADC India falling/rising?

As of 26-Aug, ADC India Communications Ltd is experiencing a price increase, currently at Rs 1,623.30, reflecting a rise of Rs 35.8 or 2.26%. The stock has shown strong performance recently, gaining 26.14% over the past week and 34.27% over the past month. It has outperformed its sector by 5.16% today and has been on a consecutive gain streak for the last five days. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, the company has faced challenges, including a significant decline in profits, with a PAT growth of -32.20% and a PBT drop of -18.9% in the most recent quarter. Additionally, 65% of promoter shares are pledged, which can exert downward pressure in volatile markets.
Broader Market Context: In the context of the broader market, ADC India has significantly outperformed the benchmark Sensex, which has declined by 1.05% over the past week. Despite a year-to-date return of -0.79% compared to the Sensex's 3.39% gain, the stock's recent upward momentum contrasts with its longer-term performance, where it has underperformed the market with a -26.15% return over the past year. This discrepancy highlights the stock's volatility and the influence of both company-specific factors and broader market conditions on its price movements.