Why is GMR Urban falling/rising?

As of 11-Jul, GMR Power & Urban Infra Ltd is experiencing a decline in its stock price, currently at 113.70, which reflects a decrease of 1.4 or 1.22%. The stock has underperformed its sector by 0.94% today and has been on a consecutive fall for the last four days, resulting in a total decline of 4.57% during this period. Although the stock has generated a return of 15.82% over the past year, its recent performance is overshadowed by a high debt-to-equity ratio of 15.38 times, indicating weak long-term fundamental strength. Additionally, the company's net sales growth has been modest, and the significant proportion of pledged promoter shares (75.36%) adds to the downward pressure on the stock price.
In the broader market context, the stock's short-term return of -4.09% over the past week contrasts with the Sensex, which has only declined by 1.12%. While the stock has outperformed the market over the past year, the recent trend suggests a lack of investor confidence, as evidenced by a 54.41% drop in delivery volume compared to the five-day average. The company's high debt levels and poor quarterly performance, including a significant drop in profit after tax, further contribute to the negative sentiment surrounding the stock, leading to its current decline.