Why is B.L.Kashyap falling/rising?

As of 22-Jul, B.L.Kashyap & Sons Ltd is currently priced at 71.71, reflecting a decrease of 0.44, or 0.61%. The stock has experienced a trend reversal, falling after two consecutive days of gains. Despite this recent decline, it is noteworthy that the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some underlying strength. The stock has shown positive performance over the past week and month, with returns of 4.05% and 10.36%, respectively, while it has significantly underperformed over the year with a return of -28.86%. The company's return on capital employed (ROCE) stands at 6.6, suggesting an attractive valuation, yet its profits have plummeted by 80% over the past year, contributing to negative sentiment. Additionally, 99.43% of promoter shares are pledged, which can exert downward pressure on the stock price in a falling market.
In the broader market context, the stock's short-term performance has outpaced the Sensex, which has declined by 0.47% over the past week. However, the stock's year-to-date performance is concerning, with a decline of 7.39%, while the Sensex has gained 5.18% during the same period. The company's weak long-term fundamentals, including a high debt-to-EBITDA ratio and poor growth in net sales, further exacerbate the negative outlook. Despite the recent increase in investor participation, as indicated by a significant rise in delivery volume, the overall sentiment remains cautious due to the company's financial struggles and the high percentage of pledged shares.