Why is P B A Infra. falling/rising?

As of 11-Jul, P B A Infrastructure Ltd is currently priced at 13.29, reflecting a decrease of 0.08 or 0.6%. The stock has shown a strong performance over the past week and month, with returns of 6.32% and 19.62%, respectively, significantly outperforming the Sensex, which has declined by 1.12% and remained flat over the same periods. However, despite this recent outperformance, the company faces significant challenges, including a negative book value and weak long-term fundamentals, as evidenced by a decline in net sales and operating profit over the last five years. The company has also reported negative results for the last three consecutive quarters, with a substantial drop in profit after tax and net sales, contributing to a perception of risk among investors.
Broader market context indicates that while P B A Infrastructure has outperformed the sector today by 0.65%, its year-to-date performance remains negative at -11.99%, contrasting with the Sensex's positive return of 5.58%. The stock's high debt levels and the fact that 64.49% of promoter shares are pledged add to the downward pressure on its price, particularly in a falling market. This combination of strong short-term returns against a backdrop of long-term financial instability and high risk factors suggests that while the stock may have seen some recent gains, the overall sentiment remains cautious, leading to its current decline.