Why is Hind.Construct. falling/rising?

As of 21-Aug, Hindustan Construction Company Ltd is currently priced at 27.68, reflecting an increase of 0.38 or 1.39%. The stock has outperformed its sector today by 1.17%, and its delivery volume has risen by 22.12% compared to the 5-day average, indicating increased investor participation. Over the past week, the stock has shown a strong return of +8.34%, although it has underperformed over the longer term, with a year-to-date decline of -26.87% and a one-year return of -44.48%. Positive factors contributing to the recent price movement include significant growth in profit before tax and profit after tax reported in June, alongside an attractive valuation compared to peers. However, the company faces challenges such as a high Debt to EBITDA ratio and a negative return on equity, which may weigh on investor sentiment.
Broader market context shows that while the stock has outperformed the Sensex in the short term, it has significantly lagged behind in the longer term, with a one-year decline that is much steeper than the benchmark's -1.56%. This underperformance is compounded by the fact that 78.89% of promoter shares are pledged, which can exert additional downward pressure in a falling market. The overall market has been relatively stable, as indicated by the Sensex's modest gain of +1.35% over the past year, contrasting sharply with Hindustan Construction's substantial losses.