Why is GPT Infraproject falling/rising?

As of 21-Aug, GPT Infraprojects Ltd is experiencing a decline in its stock price, currently at 119.30, which reflects a decrease of 2.05 or 1.69%. The stock has underperformed its sector by 1.91% today and has been on a consecutive downward trend for the last two days, resulting in a total loss of 1.81% during this period. Although the stock has shown a positive return of 2.18% over the past week, it has significantly underperformed in the longer term, with a decline of 9.83% over the past month and a staggering 37.09% over the past year. Despite the company declaring positive results for the last nine consecutive quarters, including a 39.8% growth in PAT, the stock's performance has been hindered by a high percentage of pledged promoter shares and poor long-term growth prospects.
In the broader market context, while the Sensex has generated a modest return of 1.74% over the past week, GPT Infraprojects Ltd's performance has been notably weaker, particularly over the last year where it has fallen by 37.09% compared to the market's decline of only 1.56%. The stock's high dividend yield of 3.4% and attractive valuation metrics, such as a PEG ratio of 0.6, suggest potential value; however, the increasing proportion of pledged shares and the company's slower operating profit growth are contributing to investor concerns, leading to the stock's current downward trajectory.