Why is Ramky Infra falling/rising?

As of 17-Jul, Ramky Infrastructure Ltd is experiencing a decline in its stock price, currently at 618.55, which represents a decrease of 6.45 or 1.03%. The stock has underperformed its sector by 1.2% today and has been on a consecutive downward trend for the last two days, resulting in a total return drop of 1.16%. Despite trading above its moving averages across various time frames, the stock has shown a negative return of 4.98% over the past year, with profits falling significantly by 35.8%. The company’s high debt levels and weak long-term fundamental strength, indicated by a low return on equity and a substantial drop in net sales, contribute to the negative sentiment surrounding the stock.
In the broader market context, while Ramky Infrastructure has outperformed the Sensex with a 1-week return of 2.66% compared to the benchmark's decline of 1.12%, it has lagged behind in the year-to-date performance, showing a decline of 3.49% against the Sensex's gain of 5.27%. The stock's liquidity appears adequate for trading, but a significant drop in delivery volume suggests decreasing investor participation, which may further pressure the stock price. Additionally, the presence of pledged promoter shares in a falling market adds to the downward pressure, indicating a challenging environment for the stock's recovery.