Why is NRB Bearings falling/rising?

As of 01-Jul, NRB Bearings Ltd is currently priced at 297.95, reflecting a decrease of 3.05 or 1.01%. The stock has shown a positive performance over the past week and month, with returns of 3.37% and 10.66%, respectively. However, it has underperformed over the past year with a decline of 13.61%. Today's price summary indicates that the stock reached an intraday high of Rs 307.7, and it is trading above its moving averages across various timeframes. Despite a significant rise in delivery volume, which increased by 84.48%, the stock faces challenges due to poor long-term growth, as evidenced by a low annual net sales growth rate of 9.09% over the last five years and a recent flat quarterly performance. Additionally, a high percentage of promoter shares being pledged (91.35%) adds downward pressure in a falling market.
In the broader market context, NRB Bearings has outperformed the Sensex in the short term, with a 1-week return of 3.37% compared to the benchmark's 2.00%. However, the stock's long-term performance has been disappointing, generating negative returns of 13.61% over the past year while the broader market (BSE500) has returned 3.20%. This underperformance, coupled with the company's rising debt concerns and flat quarterly results, contributes to a cautious outlook among investors, despite some positive indicators such as rising profits and a favorable PEG ratio.