Why is GMR Urban falling/rising?

As of 29-Jul, GMR Power & Urban Infra Ltd's stock price is currently at 114.05, reflecting an increase of 0.3 (0.26%). The stock has shown a positive trend over the last two days, gaining 1.29% in that period, although it has underperformed its sector by 0.72%. In the context of longer-term performance, the stock has generated a return of 17.94% over the past year, significantly outperforming the broader market, which has seen a decline of 0.02%. However, the company faces challenges, including a high debt-equity ratio of 15.38 times, which indicates weak long-term fundamental strength. Despite an attractive valuation and rising investor participation, the stock's performance is tempered by the high proportion of pledged promoter shares, which can exert downward pressure in falling markets.
Broader Market Context: In the short term, GMR Power & Urban Infra Ltd has underperformed the benchmark, with a 1-week return of -1.17% compared to the Sensex's -1.03%. While the stock has shown resilience with a positive return over the past year, the broader market has been experiencing negative returns, which may contribute to investor caution. The overall market sentiment, coupled with the company's high debt levels and recent flat quarterly results, suggests that while the stock has some positive attributes, it is also facing significant headwinds that could impact its future performance.