Why is Centrum Capital falling/rising?

As of 04-Jul, Centrum Capital Ltd's stock price is currently at 35.47, reflecting a decrease of 0.08, or 0.23%. Despite this recent decline, the stock has shown a positive performance over the past week with a return of 9.81%, while it has underperformed the sector today by 0.36%. The stock is trading above its moving averages across various time frames, indicating a generally upward trend in the short term. However, the company faces significant challenges, including a weak long-term fundamental strength with an average Return on Equity (ROE) of 0% and a concerning 54.89% of promoter shares being pledged, which can exert downward pressure on the stock price in a falling market. Additionally, the stock's performance over the past year has been poor, with a return of -10.09% and a substantial profit decline of 89.1%.
In the broader market context, while the BSE500 has generated a return of 2.13% over the past year, Centrum Capital has significantly underperformed, highlighting its struggles relative to the market. The stock's recent performance contrasts with the benchmark, as it has gained 9.81% in the last week while the Sensex has declined by 0.74%. This disparity suggests that while there may be short-term positive movements, the overall sentiment remains cautious due to the company's long-term financial health and the high proportion of pledged shares, which could deter investors.