Why is Ramky Infra falling/rising?

As of 25-Jul, Ramky Infrastructure Ltd's stock price is currently at Rs 578.60, reflecting a decline of Rs 21.9 or 3.65%. The stock has underperformed its sector by 1.84% today, having touched an intraday low of Rs 570.3, which is a decrease of 5.03%. Over the past week, the stock has seen a return of -5.96%, while it has performed better over the past month with a gain of 6.66%. However, the stock has significantly underperformed over the past year, with a return of -23.71%. The company's financial health is concerning, as it reported a 15.88% decline in net sales and a substantial fall in profits, which has contributed to negative sentiment among investors.
Broader market context indicates that while the BSE500 index has generated a slight negative return of -0.19% over the past year, Ramky Infrastructure's decline has been much steeper at -23.71%. This stark contrast highlights the company's struggles, particularly in light of its high debt levels and weak long-term growth prospects. Additionally, the fact that 25.7% of promoter shares are pledged adds to the downward pressure on the stock, especially in a falling market. Overall, the combination of poor financial results, high debt, and underperformance relative to both the sector and broader market has led to the stock's recent decline.