Why is Ramky Infra falling/rising?

As of 04-Jul, Ramky Infrastructure Ltd's stock price is currently at 559.10, reflecting an increase of 3.6 (0.65%). The stock has shown a trend reversal, gaining after two consecutive days of decline. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive short-term momentum. However, despite a 3.39% increase over the past week, the stock has underperformed over the last year with a return of -9.37%. The company's financial health is concerning, as it has reported a significant drop in profits by 35.8% over the past year, alongside a high debt-to-equity ratio and a low return on equity, which contribute to its classification as a strong sell.
In the broader market context, while the Sensex has gained 3.01% over the past month, Ramky Infrastructure's performance has been notably better with an 11.14% increase in the same period, suggesting a divergence from the benchmark. However, the stock's year-to-date performance remains negative at -12.76%, contrasting sharply with the Sensex's positive return of 6.77%. This underperformance, coupled with falling investor participation and a significant pledge of promoter shares, adds downward pressure on the stock, indicating that while there may be short-term gains, the long-term outlook remains challenging.