Why is Indo Tech.Trans. falling/rising?

As of 12-Sep, Indo Tech Transformers Ltd is currently priced at 1,789.65, reflecting an increase of 14.3 (0.81%). The stock has shown a mixed performance recently, with a 1-week decline of 2.41% while gaining 3.61% over the past month. Today's trading saw the stock reach an intraday high of Rs 1850.7, marking a rise of 4.24%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 18.58% against the 5-day average. Despite these challenges, the company has reported positive financial results over the last four quarters, with significant growth in net sales and operating profit, contributing to a fair valuation compared to peers.
In the broader market context, Indo Tech Transformers Ltd's recent performance contrasts with the Sensex, which has increased by 1.48% over the past week. The stock's year-to-date return is significantly lower at -38.34%, while the benchmark has gained 4.82% during the same period. The high percentage of pledged promoter shares (77.79%) adds pressure on the stock, particularly in a declining market, which could further influence investor sentiment negatively. Overall, while the company demonstrates strong fundamentals and growth potential, the current market dynamics and investor behavior are contributing to its recent price movements.