Why is Polyplex Corpn falling/rising?

As of 05-Sep, Polyplex Corporation Ltd's stock price is currently at 1,034.00, reflecting an increase of 20.0 (1.97%). Despite this positive movement today, the stock has shown a significant decline over the past month, with a return of -10.58%. The stock is also close to its 52-week low, being only 4.06% away from Rs 992. Today's performance indicates that it has outperformed its sector by 1.8%, although there is a concerning trend of falling investor participation, as evidenced by a 19.58% drop in delivery volume compared to the 5-day average. Additionally, the company has a low Debt to Equity ratio, which is a positive factor, but it faces challenges such as poor long-term growth, with operating profit declining at an annual rate of -35.79% over the last five years.
In the broader market context, Polyplex's short-term return of +2.44% over the past week has outperformed the Sensex, which returned +1.13% in the same period. However, the stock has consistently underperformed against the benchmark over the last three years, generating -17.54% returns in the last year compared to the Sensex's -1.81%. The high percentage of pledged promoter shares (99.94%) adds downward pressure in a falling market, further complicating the stock's outlook. Overall, while there is a slight uptick in the stock price today, the long-term performance and market conditions suggest ongoing challenges for Polyplex Corporation Ltd.