Why is Alkali Metals falling/rising?

As of 02-Sep, Alkali Metals Ltd is currently priced at 86.00, reflecting a slight increase of 0.18 (0.21%). The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its price performance. Additionally, there has been a significant drop in investor participation, with delivery volume decreasing by 28.07% compared to the 5-day average. Despite some positive results in net sales and profit after tax, the company faces serious challenges, including a staggering -198.56% CAGR growth in operating profits over the last five years and a low return on equity of 3.08%, which signifies weak profitability. Furthermore, 30.06% of promoter shares are pledged, adding to the stock's risk profile and contributing to its recent price movement.
In the broader market context, Alkali Metals has underperformed compared to the benchmark, with a 1-week return of -1.15% versus the Sensex's -0.78%. Over the past year, the stock has generated a return of -25.28%, significantly lagging behind the Sensex's positive return of 2.58%. This underperformance is compounded by the company's weak long-term fundamentals and negative operating profits, which create a risky investment environment. Overall, the combination of declining investor interest, poor financial metrics, and high promoter share pledges has led to a challenging situation for Alkali Metals, contributing to its current stock price dynamics.