Why is Duroply Indust. falling/rising?

As of 01-Sep, Duroply Industries Ltd is experiencing a decline in its stock price, currently at Rs 188.50, which reflects a decrease of Rs 3.95 or 2.05%. The stock has underperformed its sector by 3.85% today and has fallen after two consecutive days of gains. It reached an intraday low of Rs 184.6, indicating a significant drop of 4.08%. Over the past week, the stock has decreased by 5.61%, and its performance over the last month shows a decline of 14.43%. Despite the company declaring positive results for the last three consecutive quarters, with a profit after tax of Rs 4.62 Cr and a PEG ratio of 0.5, the stock's long-term fundamentals remain weak, highlighted by a low return on capital employed (ROCE) of 4.80% and a high debt to EBITDA ratio of 4.63 times. Additionally, 36.31% of promoter shares are pledged, which can exert further downward pressure in a falling market.
In the broader market context, Duroply's short-term performance contrasts sharply with the benchmark, as the Sensex has only declined by 1.56% over the past week. The stock's year-to-date performance is particularly concerning, showing a decline of 20.80%, while the Sensex has gained 2.85% in the same period. This underperformance is compounded by a significant drop in investor participation, with delivery volume plummeting by 94.39% compared to the five-day average. Overall, the combination of weak fundamentals, high promoter pledging, and poor recent performance relative to the benchmark contributes to the stock's downward trajectory.