Why is Alkali Metals falling/rising?

As of 12-Nov, Alkali Metals Ltd is experiencing a decline in its stock price, currently at Rs 85.59, which reflects a decrease of Rs 1.88 or 2.15%. The stock has underperformed significantly today, with a performance that is 3.23% lower than its sector. It touched an intraday low of Rs 85.19, indicating a downward trend. Additionally, the stock is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The company has shown a concerning trend with a -3.34% return over the past week and a -13.06% return over the past month, while it has underperformed the benchmark Sensex over the last year by -25.57%. The company's weak long-term fundamentals, highlighted by a -188.50% CAGR growth in operating profits over the last five years and a low return on equity of 2.49%, further contribute to its declining stock price.
Broader market context indicates that while the Sensex has gained 1.21% over the past week and 2.38% over the past month, Alkali Metals has consistently underperformed against this benchmark. The stock's liquidity appears to be diminishing, with a significant drop in delivery volume by 78.29% against the 5-day average. Furthermore, the presence of pledged promoter shares (30.06%) adds to the risk, potentially exerting additional downward pressure in a falling market. Overall, the combination of weak financial performance, declining investor participation, and consistent underperformance against broader market indices paints a concerning picture for Alkali Metals Ltd.