Why is P B A Infra. falling/rising?

As of 25-Jul, P B A Infrastructure Ltd's stock price is currently at 13.69, reflecting a decrease of 0.66, or 4.6%. The stock has underperformed its sector by 2.79% today, despite being higher than its 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 4.00%, while it has shown a significant increase of 22.34% over the past month. However, the company's fundamentals are concerning, as it has reported negative results for the last three consecutive quarters, including a 76.64% decline in PAT and a 23.8% drop in net sales. Additionally, the company has a negative book value and high debt levels, which contribute to its weak long-term growth prospects.
In the broader market context, the Sensex has only decreased by 0.36% over the past week, indicating that P B A Infrastructure Ltd's decline is more pronounced than the overall market. While the stock has generated a return of 8.82% over the past year, its profits have plummeted by 81.3%, highlighting a significant disconnect between stock performance and underlying financial health. The presence of 64.49% of promoter shares being pledged adds further risk, especially in a falling market, which can exert additional downward pressure on the stock price. Overall, these factors contribute to the stock's current downward trajectory.