Why is GMR Urban falling/rising?

As of 24-Jul, GMR Power & Urban Infra Ltd's stock price is currently at 114.90, reflecting a decrease of 0.2, or 0.17%. The stock has been experiencing a downward trend, having fallen for the last three days with a total decline of 1.03%. Although the stock has outperformed its sector by 0.91% today, it has a negative return of 2.96% over the past week. In terms of longer-term performance, the stock has generated a return of 17.35% over the past year, significantly higher than the market's return of 0.99%. However, the company's high debt levels, indicated by a debt-equity ratio of 15.38 times, and the recent flat results in March, including a substantial drop in profit after tax, contribute to concerns about its long-term fundamental strength.
Broader market context shows that while GMR Power & Urban Infra Ltd has outperformed the sector recently, its short-term performance is lagging behind the benchmark, as evidenced by the 1-week return of -2.96% compared to the Sensex's slight decline of only 0.09%. The stock's liquidity is adequate for trading, but a significant drop in delivery volume by 60.9% against the 5-day average suggests waning investor interest. Additionally, the increase in pledged promoter shares and the company's high debt levels may further pressure the stock price in a falling market, indicating a challenging environment for the stock despite its attractive valuation relative to peers.