Why is Hind.Construct. falling/rising?

As of 29-Jul, Hindustan Construction Company Ltd is currently priced at 26.72, reflecting an increase of 0.37 or 1.4%. The stock has recently experienced a trend reversal, gaining after eight consecutive days of decline. However, it is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. In terms of performance, the stock has underperformed its sector by 0.32% today and has seen a significant decline over the past year, with a return of -51.53%. Despite some positive indicators such as a high operating profit to interest ratio and attractive valuation metrics, the stock's fundamentals are weak, highlighted by a -6.61% CAGR growth in operating profits over the last five years and a high debt to EBITDA ratio of 4.18 times. Additionally, the high percentage of pledged promoter shares adds downward pressure in a falling market.
In the broader market context, the stock has underperformed compared to the benchmark, with a one-year return of -51.53% against the BSE500's decline of only -2.26%. This stark contrast emphasizes the stock's struggles relative to the market. The recent price increase may reflect a short-term correction after a prolonged decline, but the overall negative sentiment surrounding the company's fundamentals and high levels of pledged shares suggest that the stock remains under pressure. The falling investor participation, as indicated by a decrease in delivery volume, further complicates the outlook for Hindustan Construction Company Ltd.