Why is GMR Urban falling/rising?

As of 31-Jul, GMR Power & Urban Infra Ltd's stock price is currently at Rs 109.15, reflecting a decrease of Rs 4.55, or 4.0%. The stock has been underperforming, having fallen consecutively for the last two days, with a total decline of 4.3% during this period. It has also underperformed its sector by 3.12% today. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 43.23% compared to the 5-day average. Despite generating an 11.50% return over the past year, the company's high debt levels and weak long-term growth prospects are concerning, particularly with a debt-equity ratio of 15.38 times and a recent negative PAT of Rs -101.36 crore.
In the broader market context, the stock's performance has been notably weaker than the benchmark, with a 1-week return of -5.00% compared to the Sensex's -1.22%. Over the past month, GMR Urban has declined by 6.23%, while the Sensex has only dropped by 3.00%. This underperformance is compounded by the company's high debt levels and poor long-term growth, which contribute to a negative outlook among investors. The market as a whole has also been struggling, with the BSE500 index showing negative returns of -3.20% over the past year, yet GMR Urban's significant debt and pledged promoter shares add further downward pressure on its stock price.