Why is Bodhi Tree falling/rising?

As of 22-Aug, Bodhi Tree Multimedia Ltd is currently priced at 7.96, reflecting a decrease of 0.06 or 0.75%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.93% during this period. Additionally, the stock has shown poor performance over various time frames, with a one-week return of -2.45%, a one-month return of -4.67%, and a year-to-date return of -18.37%. Despite declaring positive results for the last three consecutive quarters, including a significant net profit growth of 132.4%, the stock's performance has been overshadowed by the fact that 99.77% of promoter shares are pledged, which adds downward pressure in a falling market.
In the broader market context, Bodhi Tree's recent performance contrasts sharply with the Sensex, which has gained 0.88% over the past week. This underperformance is further highlighted by the stock's negative returns over the past year, which stand at -39.21%, compared to the Sensex's modest gain of 0.31%. The stock's liquidity appears sufficient for trading, but the declining investor participation, evidenced by a 35.49% drop in delivery volume, suggests waning interest. Overall, while the company has strong fundamentals, the high percentage of pledged shares and consistent underperformance relative to the benchmark are significant factors contributing to the stock's decline.