Why is Indo Tech.Trans. falling/rising?

As of 11-Sep, Indo Tech Transformers Ltd is currently priced at 1,775.35, reflecting a decline of 13.65 points or 0.76%. The stock has underperformed its sector today by 0.89%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume has decreased by 26.09% compared to the 5-day average, indicating falling investor participation. Despite a strong long-term growth trajectory with net sales increasing at an annual rate of 30.79% and a healthy operating profit growth of 64.35%, the stock has faced challenges, including a significant decline of 38.83% year-to-date and a recent pledge of 77.79% of promoter shares, which adds downward pressure in a falling market.
In the broader market context, the stock's short-term performance has been negative, with a 1-week return of -1.23% compared to a positive return of 1.03% for the Sensex. While the company has shown positive results over the last four quarters, including a 40.94% growth in profit after tax, the overall market sentiment and the high percentage of pledged shares have contributed to the stock's recent decline. The stock's performance over the past year has also been lackluster, with a return of -9.88%, despite a significant increase in profits, indicating that market conditions and investor sentiment are currently unfavorable for Indo Tech Transformers Ltd.