Why is Polyplex Corpn falling/rising?

As of 14-Nov, Polyplex Corporation Ltd's stock price is currently at Rs. 897.00, reflecting a decrease of Rs. 32.75 or 3.52%. The stock has recently hit a new 52-week low of Rs. 892.85 and has been on a downward trend, having fallen consecutively for the last two days with a total decline of 4.24%. Over the past week, the stock has underperformed significantly, with a return of -3.29% compared to the Sensex's gain of +1.62%. The company's operating profit has shown a concerning annual decline of -35.79% over the last five years, and recent quarterly results indicate a substantial drop in profitability, with a PAT of Rs -19.31 crore, marking a fall of -136.9%. Additionally, 99.94% of promoter shares are pledged, which adds downward pressure in a declining market. In the broader market context, Polyplex Corporation's performance has been consistently poor relative to the benchmark, with a year-to-date return of -30.85% compared to the Sensex's +8.22%. This consistent underperformance over the last three years, coupled with negative operating profits and a high percentage of pledged shares, contributes to a risky investment profile that further exacerbates the stock's decline. The stock's recent trading activity shows increased investor participation, but the overall sentiment remains negative due to the company's financial struggles and the broader market's upward movement.