Why is Kundan Edifice falling/rising?

As of 11-Sep, Kundan Edifice Ltd is currently priced at 96.00, reflecting an increase of 1.8, or 1.91%. Despite this uptick, the stock has shown a negative performance trend over the past week, down 2.54%, and has significantly underperformed over the past month and year, with declines of 12.53% and 43.31%, respectively. Today's price summary indicates that Kundan Edifice is trading below all key moving averages, suggesting a bearish trend. Additionally, there has been a notable drop in investor participation, with a delivery volume of 0 on September 9, marking a 100% decline against the 5-day average. While the company boasts high management efficiency and healthy long-term growth in net sales and operating profit, it is burdened by a high debt-to-equity ratio of 1.73 and a concerning level of pledged promoter shares, which has increased by 65.05% over the last quarter, contributing to downward pressure on the stock.
In the broader market context, Kundan Edifice's recent performance contrasts sharply with the Sensex, which has gained 1.10% over the past week. This underperformance is indicative of broader challenges faced by the company, as it has consistently lagged behind the benchmark indices over various time frames, including a 36.04% decline year-to-date compared to a 5.75% increase in the Sensex. The combination of high debt, pledged shares, and poor historical performance suggests that investor confidence may be waning, leading to a lack of participation and further exacerbating the stock's struggles in a rising market environment.