Why is Alkali Metals falling/rising?

As of 01-Sep, Alkali Metals Ltd is currently priced at 85.82, reflecting a decrease of 0.96, or 1.11%. The stock has underperformed its sector by 1.91% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 4.61%, and it has experienced a significant drop of 24.59% over the past year. Although there were positive results reported on June 25, including a 40.49% growth in net sales and a higher profit after tax, the company faces serious challenges, such as a -198.56% CAGR growth in operating profits over the last five years and a weak ability to service its debt. Additionally, 30.06% of promoter shares are pledged, which can exert further downward pressure on the stock price in a declining market.
In the broader market context, the Sensex has shown a decline of 1.56% over the past week, indicating a generally bearish sentiment. However, Alkali Metals' performance has been notably worse, with a 4.61% drop in the same timeframe. The stock's long-term performance is concerning, as it has underperformed the BSE500 over the last three years, one year, and three months. This underperformance, combined with the company's weak fundamentals and high pledged shares, contributes to a negative outlook for the stock, reinforcing its status as a strong sell.