Why is Bajaj Hindusthan falling/rising?

As of 18-Jul, Bajaj Hindusthan Sugar Ltd is currently priced at 26.50, reflecting a decrease of 0.34, or 1.27%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.55% during this period. Over the past week, the stock has decreased by 4.23%, while it has shown a more positive trend over the past month with a gain of 13.30%. Despite this recent uptick, the stock has significantly underperformed over the past year, with a return of -35.00%. The company has strong operating profit metrics, but it also faces challenges such as a high Debt to EBITDA ratio and pledged promoter shares, which contribute to its weak long-term fundamental strength.
In the broader market context, Bajaj Hindusthan's recent performance contrasts with the Sensex, which has only declined by 0.90% over the past week. The stock's liquidity appears adequate, with a delivery volume increase of 19.07% against the five-day average, indicating rising investor participation. However, the stock's long-term outlook is hindered by a negative return on equity and a significant decline in operating profits over the last five years. Overall, while there are some positive indicators, the combination of high debt levels, pledged shares, and substantial underperformance relative to the market suggests that the stock is facing downward pressure.