Why is Centrum Capital falling/rising?

As of 15-Sep, Centrum Capital Ltd's stock price is currently at 36.20, reflecting a decrease of 0.15 or 0.41%. The stock has underperformed its sector today by 0.88% and has experienced a consecutive decline over the last two days, resulting in a total drop of 0.71%. In terms of returns, the stock has seen a negative performance of 3.23% over the past week and 5.85% over the past month, although it has shown a positive year-to-date return of 9.50%. The company faces challenges such as a weak long-term fundamental strength indicated by an average Return on Equity (ROE) of 0% and a high debt-equity ratio of 58.09 times. Additionally, 45.24% of promoter shares are pledged, which can exert downward pressure on the stock price in a falling market.
Broader market context shows that while the Sensex has gained 1.24% over the past week and 1.47% over the past month, Centrum Capital's performance has lagged significantly. The stock's recent struggles are compounded by its high valuation compared to peers, with a Price to Book Value of 5.4, and a concerning ROE of -67.1. Despite a rise in investor participation, as evidenced by a 36.47% increase in delivery volume, the overall sentiment remains negative due to the company's flat financial results and high levels of pledged shares, which contribute to the stock's downward trajectory.