Why is Gayatri Projects falling/rising?

As of 10-Jul, Gayatri Projects Ltd is experiencing a decline in its stock price, currently at 8.03, which reflects a decrease of 0.42 or 4.97%. The stock has underperformed its sector by 4.85% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 8.23% during this period. Over the past week, the stock has decreased by 2.90%, and it has shown a significant drop of 14.39% over the past month. The company has not declared results in the last six months, and its financial health is concerning, with a high Debt to EBITDA ratio of 5.57 times and a negative PAT of Rs -559.89 crore, which has grown at -67.08%. Additionally, 72.4% of promoter shares are pledged, adding further downward pressure in a declining market.
In the broader market context, the Sensex has remained relatively stable, with only a slight decline of 0.06% over the past week, contrasting sharply with Gayatri Projects' poor performance. While the stock has generated a modest return of 2.95% over the past year, it is overshadowed by a staggering profit decline of -201.6%, indicating weak long-term fundamental strength. The stock's liquidity appears sufficient for trading, but the significant drop in delivery volume by 77.77% against the five-day average suggests a lack of investor confidence. Overall, the combination of weak financial results, high debt levels, and pledged shares contributes to the stock's current downward trajectory.