Why is GMR Urban falling/rising?

As of 08-Jul, GMR Power & Urban Infra Ltd is currently priced at Rs 117.55, reflecting a decrease of Rs 1.6 or 1.34%. Today's price summary indicates that the stock has underperformed its sector by 2.1%, having touched an intraday low of Rs 115.5, which represents a decline of 3.06%. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, GMR Urban has generated a return of 24.39%, significantly outperforming the market, which has seen a return of only 1.98%. However, the company faces challenges, including a high debt-to-equity ratio of 15.38 times, which indicates weak long-term fundamental strength, and a substantial portion of promoter shares (75.36%) being pledged, adding downward pressure in a declining market.
In the broader market context, GMR Urban's short-term performance has been relatively strong, with a 1-week return of 0.99% compared to a minimal increase of 0.02% in the Sensex. However, the stock's year-to-date performance shows a decline of 2.81%, contrasting with the Sensex's gain of 7.13%. The falling investor participation, with a delivery volume drop of 71.48% against the 5-day average, suggests a lack of confidence among investors. While the stock's attractive valuation and strong historical returns may provide some support, the high debt levels and recent poor financial results contribute to its current downward movement.