Why is Patspin India falling/rising?

As of 17-Sep, Patspin India Ltd's stock price is currently at 10.15, reflecting an increase of 0.05 or 0.5%. The stock has been gaining for the last two days, with a total return of 1.5% during this period. However, it has underperformed its sector by 0.51% today and has shown a significant decline over longer periods, with a year-to-date drop of 21.32% and a one-year return of -26.93%. The company faces several challenges, including a negative book value, poor long-term growth with net sales declining at an annual rate of -31.62%, and a high debt-to-equity ratio. Additionally, 36.26% of promoter shares are pledged, which can exert downward pressure on the stock price, especially in a falling market.
In the broader market context, the stock's short-term performance contrasts sharply with the benchmark, as it has underperformed the Sensex by 0.49% over the past week and by 7.73% over the past month. While the Sensex has shown a positive return of 1.56% in the last week and 2.60% in the last month, Patspin India has consistently lagged behind, indicating a lack of investor confidence and highlighting its ongoing struggles in a generally improving market.