Why is P B A Infra. falling/rising?

As of 17-Sep, P B A Infrastructure Ltd's stock price is currently at 14.78, reflecting an increase of 0.68 or 4.82%. The stock has shown strong performance recently, gaining 12.14% over the last three days and outperforming its sector by 4.45%. Additionally, the stock has risen by 11.55% over the past week and 14.13% over the past month, while it is trading above all key moving averages, indicating positive momentum. However, the company faces significant challenges, including a negative book value, a high debt-to-equity ratio, and a history of poor financial performance, with net sales and profits declining sharply over the last year. These negative factors, combined with 64.49% of promoter shares being pledged, contribute to a risky investment profile despite the recent price increase.
Broader market context shows that while P B A Infrastructure has outperformed the Sensex in the short term, it has underperformed over the longer term, with a year-to-date return of -2.12% compared to the Sensex's +5.83%. The stock's performance over the last year has been particularly poor, with a decline of -25.73%, significantly worse than the broader market's slight decrease of -0.46%. This disparity highlights the stock's volatility and the potential risks investors face, even as it experiences a short-term rally.