Why is Indian Hume Pipe falling/rising?

As of 24-Sep, Indian Hume Pipe Company Ltd's stock price is currently at 373.95, reflecting a decrease of 3.95, or 1.05%. The stock has been on a downward trend, having fallen consecutively for the last five days, resulting in a total decline of 5.04% over that period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating weak momentum. The stock's performance over the past year shows a significant decline of 26.57%, while its profits have decreased by 17.7%. Additionally, the company has a high Debt to EBITDA ratio of 2.83 times, which raises concerns about its ability to service debt. The presence of pledged promoter shares, accounting for 30.69%, adds further downward pressure in a falling market.
In the broader market context, the stock has underperformed compared to the benchmark, with a 1-year return of -26.57% against the BSE500's decline of only -5.32%. Although the construction material sector has faced a downturn of 15.5%, Indian Hume Pipe's performance has been notably worse. The stock has also seen a significant drop in investor participation, with delivery volume falling by 62.74% against the 5-day average. Despite an attractive valuation with a Price to Book Value of 1.4, the overall weak long-term fundamentals and recent negative financial results contribute to the stock's current decline.