Why is Jayaswal Neco falling/rising?

As of 28-Aug, Jayaswal Neco Industries Ltd is currently priced at 59.00, reflecting a slight increase of 0.2 (0.34%). The stock has shown a trend reversal by gaining after four consecutive days of decline. Despite a recent drop of 5.68% over the past week, the stock has performed well over the longer term, with a remarkable increase of 42.68% in the last month and a staggering 1879.87% over the past five years. Positive factors contributing to this rise include a healthy long-term growth rate in operating profit and strong quarterly results, with a notable 326.20% growth in profit after tax over the past nine months. However, the stock faces risks due to 99.87% of promoter shares being pledged, which could exert downward pressure in a falling market.
Broader market context indicates that while Jayaswal Neco has outperformed the benchmark Sensex in the long term, it has underperformed in the short term, with a 5.68% decline compared to the Sensex's 2.34% drop over the past week. The stock's recent performance today, which outperformed its sector by 1.13%, suggests a potential recovery amidst broader market challenges. Despite falling investor participation, the stock remains liquid enough for trading, indicating some resilience. Overall, the combination of strong financial performance and the risks associated with pledged shares creates a complex picture for investors considering the stock's movement.