Why is Afcons Infrastr. falling/rising?

As of 07-Aug, Afcons Infrastructure Ltd's stock price is currently at 411.00, reflecting an increase of 7.75 or 1.92%. Today's performance indicates that the stock has outperformed its sector by 1.77%. However, it is important to note that while the stock is higher than its 5-day moving averages, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. The stock has shown a mixed performance over the past week, with a return of +2.92%, but it has declined by 3.02% over the past month and has a year-to-date drop of 24.70%. The company has demonstrated high management efficiency with a return on capital employed (ROCE) of 17.70%, and despite a flat return over the past year, profits have increased by 33%. However, the stock faces challenges such as poor long-term growth, with net sales growing at only 0.10% annually and operating profit at 6.84% over the last five years. Additionally, 53.5% of promoter shares are pledged, which can exert downward pressure on the stock price in a falling market.
In the broader market context, Afcons Infrastructure Ltd has outperformed the Sensex by 3.61% over the past week, as the benchmark index has declined by 0.69%. Despite this short-term outperformance, the stock's year-to-date performance is significantly worse than the Sensex, which has risen by 3.18%. The falling investor participation, indicated by a 56.13% drop in delivery volume against the 5-day average, suggests a lack of confidence among investors. This, combined with the increase in pledged promoter shares, may contribute to a cautious outlook for the stock in the near term.