Why is Jyoti falling/rising?

As of 15-Sep, Jyoti Ltd's stock price is currently at 96.80, reflecting a slight decrease of 0.05 (-0.05%). The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 4.16% over that period. Despite positive performance in the last year with an 8.53% return, the stock's recent movement is influenced by a negative book value and high debt levels, which contribute to its classification as a risky investment. Additionally, while the company has reported strong sales growth and positive quarterly results, the overall long-term growth prospects appear weak, which may be affecting investor sentiment.
In the broader market context, Jyoti Ltd's recent performance contrasts sharply with the Sensex, which has gained 1.24% over the past week. This divergence indicates that while the stock has struggled, the overall market has been performing well. The stock's liquidity remains adequate, with rising investor participation noted, but the high percentage of pledged promoter shares could exert additional downward pressure in a falling market. Overall, the combination of short-term underperformance, high debt, and negative book value are significant factors contributing to the stock's current decline.