Why is Gayatri Highways falling/rising?

As of 18-Jul, Gayatri Highways Ltd is experiencing a rise in its stock price, currently at Rs. 1.81, with a change of 0.02 (1.12%) upward. The stock has recently hit a new 52-week high of Rs. 1.82 and has outperformed its sector by 1.77%. Over the past week, it has gained 11.04%, and in the last month, it has risen by 25.69%. However, despite these positive movements, the company faces challenges such as a negative book value and weak long-term fundamental strength, with net sales declining at an annual rate of -42.90% and a high debt-to-equity ratio. Additionally, 90.89% of promoter shares are pledged, which could exert downward pressure in a falling market.
Broader market context shows that while Gayatri Highways has significantly outperformed the Sensex, which has seen a decline of 0.90% over the past week, the stock's recent gains may be tempered by falling investor participation, as indicated by a 31.22% drop in delivery volume compared to the five-day average. This suggests that while the stock is currently rising, there are underlying concerns regarding its long-term viability and market sentiment, which could impact future performance.