Why is Future Market falling/rising?

As of 28-Aug, Future Market Networks Ltd is experiencing a decline in its stock price, currently at 12.54, which reflects a decrease of 0.65 or 4.93%. The stock has underperformed its sector by 4.92% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 9% during this period. Additionally, the stock is trading below its moving averages across various time frames, indicating weak momentum. Over the past month, it has decreased by 4.42%, while year-to-date, it has plummeted by 51.13%. Although the stock generated a return of 23.91% over the past year, its profits have significantly risen by 151.6%, suggesting a disconnect between stock performance and underlying profitability. However, the company faces challenges such as high debt levels and weak long-term growth, with a debt-to-equity ratio of 3.76 times and a negative annual sales growth rate of -0.88% over the last five years.
In the broader market context, the Sensex has declined by 2.34% over the past week, indicating a challenging environment for stocks in general. Future Market's short-term performance has been notably worse than the benchmark, as it has lost 4.93% today compared to the broader market's decline. The high percentage of pledged promoter shares, now at 90.55%, adds to the downward pressure on the stock, particularly in a falling market. This situation is compounded by the company's recent negative financial results, including a significant drop in profit before tax and profit after tax compared to previous quarters. Overall, the combination of high debt, poor long-term growth prospects, and recent negative financial performance has contributed to the stock's current decline.