Why is Gensol Engineer. falling/rising?

As of 11-Jun, Gensol Engineering Ltd's stock is currently priced at Rs. 51.45, reflecting a decline of Rs. 1.04 or 1.98%. The stock has hit a new 52-week low today and has been on a consecutive downward trend for the last 16 days, resulting in a significant drop of 27.53% during this period. Additionally, the stock has underperformed its sector by 2.47%. Over the past year, Gensol Engineering has experienced a staggering decline of 94.69%, while its performance over the last three years shows a drop of 61.29%. Despite a healthy long-term growth in net sales and operating profit, the company faces challenges such as a high Debt to EBITDA ratio of 3.27 times and a concerning increase in pledged promoter shares, which has likely contributed to the stock's recent decline.
In the broader market context, Gensol Engineering's short-term performance has been notably poor compared to the benchmark Sensex, which has gained 1.87% over the past week while Gensol's stock has fallen by 9.56%. This stark contrast highlights the stock's underperformance relative to the market. The company's ability to service its debt is low, and recent financial results indicate a decline in profitability, further exacerbating investor concerns. The combination of these factors, including the high proportion of pledged shares and the stock's continuous decline, has placed additional downward pressure on Gensol Engineering's stock price.