Why is P B A Infra. falling/rising?

As of 23-Jul, P B A Infrastructure Ltd is currently priced at 14.08, reflecting a decrease of 0.02, or 0.14%. The stock has been underperforming, having fallen for the last two days with a total decline of 1.81%. Despite a strong performance over the past year, generating a return of 13.55% compared to the market's 2.86%, the company faces significant challenges. It has a negative book value and has reported negative results for the last three consecutive quarters, with a substantial drop in net sales and operating profit. Additionally, the stock's liquidity has decreased, with delivery volume falling by 50.31% against the five-day average, indicating waning investor interest.
In the broader market context, P B A Infrastructure's short-term performance over the past week shows a gain of 0.64%, which is significantly better than the Sensex's increase of 0.11%. However, the stock's year-to-date performance is concerning, with a decline of 6.75% compared to the Sensex's gain of 5.87%. The high debt levels and pledged promoter shares further exacerbate the stock's risk profile, contributing to downward pressure on its price. Overall, while the stock has shown some positive returns in the past year, the combination of poor financial performance and market conditions suggests a challenging outlook.