Why is Him Teknoforg. falling/rising?

As of 24-Sep, Him Teknoforge Ltd's stock price is currently at 217.55, reflecting a slight increase of 0.2 (0.09%). The stock has outperformed its sector today by 1.13% and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a strong return of +8.23%, while the year-to-date performance remains negative at -3.74%. Despite a recent profit increase of 33.1%, the stock's return over the past year is -9.05%, and it has a relatively low ROCE of 7.2, indicating a very attractive valuation. However, concerns about long-term fundamental strength are present, particularly due to a high Debt to EBITDA ratio of 4.10 times and an increase in the proportion of pledged promoter shares.
Broader market context shows that while Him Teknoforge has performed well in the short term, the benchmark Sensex has declined by 1.18% over the past week, highlighting the stock's resilience in a challenging market. The stock's ability to maintain liquidity with a delivery volume that is still liquid enough for trading, despite a significant drop in participation, suggests some investor confidence. However, the overall market sentiment may be influenced by the high proportion of pledged shares, which could exert downward pressure in a falling market, contributing to the stock's mixed performance outlook.