Why is Gayatri Highways falling/rising?

As of 17-Jul, Gayatri Highways Ltd's stock price is currently at Rs. 1.79, reflecting an increase of 0.03 or 1.7%. The stock has recently achieved a new 52-week high and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a remarkable return of +14.74%, significantly outperforming the Sensex, which declined by -1.12%. However, there are concerns regarding falling investor participation, as the delivery volume decreased by 23.07% compared to the 5-day average. While the stock has demonstrated strong performance in the short and long term, with a 24.31% return over the past year, it faces challenges due to a negative book value and weak long-term fundamentals, including a significant decline in net sales and operating profit over the last five years.
In the broader market context, Gayatri Highways' recent performance contrasts sharply with the Sensex, which has only gained +0.83% over the past month. Despite the stock's impressive returns, the high debt levels and the fact that 90.89% of promoter shares are pledged may create additional risks, particularly in a falling market. This situation could exert downward pressure on the stock price, despite its recent gains. Overall, while the stock is currently rising, the underlying financial weaknesses and market conditions suggest potential volatility ahead.