Why is P B A Infra. falling/rising?

As of 07-Jul, P B A Infrastructure Ltd's stock price is currently at Rs 13.79, reflecting an increase of Rs 1.29 or 10.32%. The stock has shown strong performance recently, gaining 23.9% over the last four days and outperforming its sector by 10.56% today. It opened with a gain of 3.2% and reached an intraday high of Rs 13.9, although it also experienced a low of Rs 12.25 during the day. Despite the positive short-term performance, the company faces significant challenges, including a negative book value, declining net sales, and a high debt-to-equity ratio, which contribute to its weak long-term fundamentals. Additionally, the company has reported negative results for the last three consecutive quarters, with a substantial drop in profits, which may create uncertainty among investors.
In the broader market context, P B A Infrastructure's short-term return of 21.60% over the past week significantly outpaces the Sensex, which has declined by 0.20% during the same period. However, the stock's year-to-date performance shows a decline of 8.68%, contrasting with the Sensex's gain of 6.79%. This divergence highlights the stock's volatility and the potential risks associated with its high debt and pledged promoter shares, which could exert downward pressure in a falling market. Overall, while the stock is currently rising, its long-term outlook remains precarious due to fundamental weaknesses.