Why is Anmol India falling/rising?

As of 22-Sep, Anmol India Ltd's stock price is currently at 15.72, reflecting a decrease of 0.39, or 2.42%. The stock has been underperforming, with a consecutive decline over the last two days, resulting in a total drop of 2.66%. It is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has fallen by 2.48%, and its year-to-date performance shows a significant decline of 39.31%. Despite a recent declaration of positive results in June 2025, including the highest operating profit to interest ratio and net sales, the stock's long-term fundamentals remain weak, with a 7.83% CAGR growth in operating profits over the last five years and a substantial 38.28% of promoter shares pledged, which adds downward pressure in a falling market.
In the broader market context, Anmol India's recent performance contrasts sharply with the Sensex, which has gained 0.46% over the past week. The stock's underperformance is evident as it has generated a return of -48.58% over the last year, while the benchmark has only declined by 2.82% during the same period. This disparity highlights the stock's struggles in both short-term and long-term performance metrics, further exacerbated by the increasing proportion of pledged shares among promoters. Overall, the combination of weak fundamentals, significant declines in stock value, and underperformance relative to the broader market contributes to the ongoing downward pressure on Anmol India's stock price.