Why is Bedmutha Indus. falling/rising?

As of 25-Aug, Bedmutha Industries Ltd is experiencing a slight increase in its stock price, currently at Rs 140.00, reflecting a change of 0.65 or 0.47% upward. The stock has been gaining over the last two days, with a total return of 0.97% during this period. However, it remains close to its 52-week low, just 3.21% away from Rs 135.5. The stock's performance over the past month shows a decline of 2.98%, and it has significantly underperformed over the year with a return of -42.04%. The company's financial health is concerning, with a high debt-to-equity ratio of 2.50 times and a return on capital employed of only 0.80%, indicating low profitability. Additionally, 95.06% of promoter shares are pledged, which can exert downward pressure on the stock price, especially in a falling market.
In the broader market context, Bedmutha Industries Ltd's short-term performance of +1.16% over the past week outpaces the Sensex, which has returned +0.45% during the same period. However, the stock's long-term performance is troubling, with a year-to-date decline of -29.74% compared to the Sensex's +4.48%. This stark contrast highlights the company's struggles relative to the overall market, as it has underperformed significantly over the last year. The combination of high debt, weak long-term growth, and falling investor participation suggests that while there may be short-term gains, the overall outlook for Bedmutha Industries Ltd remains negative.