Why is Alps Industries falling/rising?

As of 30-Jun, Alps Industries Ltd is experiencing a decline in its stock price, currently at 2.67, reflecting a decrease of 0.14 or 4.98%. The stock has underperformed its sector by 5.82% today and has shown erratic trading patterns, not trading on 4 out of the last 20 days. Over the past week, the stock has dropped by 4.98%, while it has seen a more positive performance over the past month with a gain of 17.11%. However, the stock's year-to-date performance is down 15.24%, and it has significantly underperformed over the last year with a decline of 32.06%. The company is facing challenges such as a negative book value, high debt levels, and poor long-term growth, which contribute to its weak fundamental strength and risk profile. Additionally, 46.27% of promoter shares are pledged, which can exert further downward pressure on the stock in a declining market.
In the broader market context, the Sensex has increased by 2.09% over the past week and 2.65% over the past month, indicating that the stock's recent decline is not reflective of overall market trends. The stock's performance has been particularly poor compared to the benchmark, as it has generated negative returns of 32.06% over the last year while the broader market has returned 3.95%. This stark contrast highlights the stock's struggles and the challenges it faces in regaining investor confidence amidst a generally improving market environment.