Why is OK Play India falling/rising?

As of 30-Jul, OK Play India Ltd is experiencing a decline in its stock price, currently at 11.02, which reflects a decrease of 0.51 or 4.42%. The stock has underperformed its sector by 4.8% today, despite showing higher performance than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Over the past week, the stock has gained 11.09%, contrasting with a 3.33% decline over the past month. The company has also seen a significant increase in investor participation, with delivery volume rising by 558.66% against the 5-day average. However, the stock's long-term fundamentals are weak, with a return on capital employed (ROCE) of only 4.6 and a high debt to EBITDA ratio of 4.19 times, which raises concerns about its ability to service debt. Additionally, the stock has generated a return of -24.93% over the past year, while profits have plummeted by 121.7%.
In the broader market context, the stock's performance has been notably worse than the benchmark, with the Sensex showing a decline of only 2.54% over the past month and a slight gain of 0.03% over the past year. This stark contrast highlights the stock's underperformance, particularly as it has fallen significantly more than the market average. The rising proportion of pledged promoter shares, now at 38.67%, adds further pressure on the stock, especially in a falling market. Overall, while there are some positive indicators such as attractive valuation metrics and increased trading volume, the combination of weak fundamentals and significant underperformance relative to the market suggests that the stock is facing considerable challenges.