Why is Gensol Engineer. falling/rising?

As of 30-Jun, Gensol Engineering Ltd's stock price is currently at Rs 42.46, reflecting an increase of Rs 2.02 or 5.0%. The stock has shown a trend reversal after 20 consecutive days of decline, outperforming its sector by 4.45% today. However, it has also hit a new 52-week low of Rs 38.42 earlier in the day, indicating significant volatility with an intraday range of Rs 4.04. Over the past year, the stock has generated a staggering return of -95.81%, despite the company reporting a 145.3% increase in profits, which suggests a disconnect between stock performance and underlying financial health. The company's high Debt to EBITDA ratio of 3.27 times raises concerns about its ability to service debt, and the fact that 95.1% of promoter shares are pledged adds further pressure on the stock.
In the broader market context, Gensol Engineering's short-term performance has been notably poor, with a 1-week return of -3.10% compared to a +2.09% gain in the Sensex. This underperformance is consistent with its long-term trend, where it has lagged behind the benchmark over the past year and three years. While the stock has shown some positive movement today, the overall sentiment remains cautious due to its substantial historical losses and the high proportion of pledged shares, which can exacerbate selling pressure in a declining market.