Why is Polyplex Corpn falling/rising?

As of 24-Sep, Polyplex Corporation Ltd's stock price is currently at 1,085.00, reflecting a slight decline of 0.1 (-0.01%). The stock has experienced a trend reversal, falling after seven consecutive days of gains. Despite this recent downturn, the stock has shown a positive performance over the past week with a return of +3.31%, and +6.58% over the past month, outperforming the Sensex, which has returned -1.18% and +0.50% respectively. However, the stock has a concerning long-term outlook, with a significant decline in operating profit over the last five years and negative quarterly results reported recently. Additionally, the high percentage of pledged promoter shares adds downward pressure on the stock, contributing to its recent price movement.
In the broader market context, while Polyplex Corporation has shown some short-term resilience compared to the benchmark, its long-term performance remains troubling, with a year-to-date return of -16.35% versus the Sensex's +4.58%. The stock's underperformance against the benchmark over the last three years, coupled with a low return on equity and high valuation relative to peers, suggests that investor sentiment may be cautious. The liquidity of the stock remains adequate, but the overall negative financial indicators and the high level of pledged shares are likely contributing to the recent price decline.