Why is Gensol Engineer. falling/rising?

As of 27-Jun, Gensol Engineering Ltd's stock is currently priced at Rs. 40.44, reflecting a decrease of Rs. 0.82 or 1.99%. The stock has been on a downward trend, having fallen consecutively for the last 21 days, resulting in a total decline of 34.41% during this period. It has also hit a new 52-week low today. The stock's performance has been significantly poor over various time frames, with a staggering 96.00% drop in the past year and a 37.00% decline over the past month. Additionally, the company faces challenges such as a high Debt to EBITDA ratio of 3.27 times, which indicates a low ability to service its debt, and a concerning increase in the proportion of pledged promoter shares, which now stands at 95.1%.
In the broader market context, Gensol Engineering's performance has been notably weaker compared to the benchmark, with a 1-week return of -9.55% against a 2.00% gain in the Sensex. This underperformance is compounded by the stock's inability to attract investor participation, as evidenced by a 12.33% drop in delivery volume compared to the 5-day average. While the company has shown healthy long-term growth in net sales and operating profit, the recent financial results indicate a decline in profitability, further contributing to the stock's negative sentiment in the market. Overall, the combination of poor recent performance, high debt levels, and increasing pledged shares has led to a lack of investor confidence, resulting in the stock's continued decline.