Why is Mac Charles(I) falling/rising?

As of 22-Aug, Mac Charles (India) Ltd is experiencing a decline in its stock price, currently at 717.00, reflecting a decrease of 2.0 points or 0.28%. Today's price summary indicates that the stock touched an intraday low of Rs 701.25, with a weighted average price showing more volume traded close to this low. Despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the stock has seen a significant drop in delivery volume, falling by 57.66% against the 5-day average. Over the past week, the stock has performed well with a return of 3.76%, and it has outperformed the market over the last month and year, generating returns of 17.75% and 20.97%, respectively. However, the company faces challenges, including high debt levels and a negative EBITDA, which may contribute to investor caution.
Broader Market Context: The broader market, represented by the Sensex, has shown a modest gain of 0.88% over the past week, contrasting with Mac Charles's recent performance. While the stock has outperformed the benchmark over the last year, the overall market sentiment appears to be negative, with the BSE500 generating returns of -2.49%. The high debt-to-equity ratio and the fact that 99.49% of promoter shares are pledged add to the stock's risk profile, potentially leading to downward pressure on its price in a falling market.