Why is GMR Urban falling/rising?

As of 10-Nov, GMR Power & Urban Infra Ltd's stock price is currently at Rs 116.45, reflecting a decrease of Rs 2.7 or 2.27%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decline of 5.17% during this period. Additionally, the stock's performance today has underperformed its sector by 2.05%. In terms of returns, while the stock has generated a 5.91% return over the past year, it has seen a decline of 3.72% year-to-date. The company has a high debt-to-equity ratio of 15.38, indicating weak long-term fundamental strength, which may be contributing to the recent price decline. Furthermore, 77.19% of promoter shares are pledged, adding downward pressure in a falling market.
Broader Market Context: In comparison to the benchmark Sensex, GMR Power & Urban Infra Ltd has underperformed in the short term, with a 1-week return of -1.36% against the Sensex's -0.53%. Despite a positive return of 3.74% over the past month compared to the Sensex's 1.25%, the stock's overall performance has been hindered by its high debt levels and poor long-term growth prospects, as evidenced by stagnant operating profit growth. The recent negative financial results, including significant losses in profit before tax and profit after tax, further exacerbate the stock's downward trajectory, leading to investor caution.