Why is Him Teknoforg. falling/rising?

As of 11-Sep, Him Teknoforge Ltd's stock price is currently at Rs 199.05, reflecting an increase of Rs 2.1 or 1.07%. The stock has shown a performance today that outperformed its sector by 1.68%, reaching an intraday high of Rs 202, which is a 2.56% increase. Despite a decline of 3.12% over the past month and a significant drop of 22.25% over the past year, the stock has demonstrated a strong performance over the last three years with a return of 118.86%. The company's valuation appears attractive with a Return on Capital Employed (ROCE) of 7.2 and a PEG ratio of 1.6, indicating that it is trading at a discount compared to its peers. However, the stock faces challenges due to a high Debt to EBITDA ratio of 4.10 times and a significant proportion of promoter shares (52.8%) being pledged, which can exert downward pressure on the stock price in a falling market.
In the broader market context, the stock's short-term return of 1.04% over the past week slightly outperformed the Sensex, which increased by 1.03% during the same period. However, the stock has underperformed the market in the last year, with a decline of 22.25% compared to the BSE500's negative return of 2.29%. This underperformance, coupled with the high level of pledged shares and weak long-term fundamentals, suggests that while there may be short-term gains, the overall sentiment around the stock remains cautious.