Why is GPT Infraproject falling/rising?

As of 17-Oct, GPT Infraprojects Ltd is experiencing a decline in its stock price, currently at 105.25, reflecting a decrease of 0.7 or 0.66%. The stock has underperformed the sector today by 0.29% and has been on a consecutive downward trend for the last two days, resulting in a total drop of 1.5%. Over the past week, the stock has fallen by 5.35%, and it has seen a significant decline of 25.88% year-to-date, contrasting sharply with the Sensex, which has gained 7.44% during the same period. Despite the company reporting positive financial results for the last nine consecutive quarters, including a 39.8% growth in PAT, the stock's performance has been hindered by a high proportion of pledged promoter shares and a lack of long-term growth, as evidenced by a 19.42% annual growth rate in operating profit over the last five years. In the broader market context, GPT Infraprojects has significantly underperformed compared to the benchmark, as it has generated negative returns of 25.88% over the past year while the BSE500 has returned 0.54%. This stark contrast highlights the challenges the company faces in attracting investor confidence, particularly given the recent decline in delivery volumes and the stock trading below its moving averages. The high dividend yield of 3.78% may provide some appeal to investors, but the increasing percentage of pledged shares and the overall negative sentiment surrounding the stock's long-term growth prospects continue to exert downward pressure on its price.