Why is Alkali Metals falling/rising?

As of 14-Aug, Alkali Metals Ltd is experiencing a decline in its stock price, currently at Rs 86.60, reflecting a decrease of Rs 1.66 or 1.88%. The stock has underperformed its sector by 1.93% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 86.45, indicating a drop of 2.05%. Over the past week, the stock has decreased by 3.32%, and its performance over the last month shows a significant decline of 11.18%. The company's long-term fundamentals are weak, highlighted by a staggering -198.56% CAGR growth in operating profits over the last five years and a low return on equity of 3.08%. Additionally, 30.06% of promoter shares are pledged, which adds downward pressure in a falling market.
In the broader market context, while the Sensex has remained relatively stable with a minimal change of -0.03% over the past week, Alkali Metals has significantly underperformed, with a year-to-date decline of 22.47% compared to the Sensex's gain of 3.15%. This stark contrast indicates that investor sentiment towards Alkali Metals is weak, compounded by falling investor participation, as evidenced by a 25.27% drop in delivery volume against the five-day average. The company's ability to service its debt is also concerning, which further contributes to the negative outlook for the stock amidst a generally stable market environment.