Why is Ramky Infra falling/rising?

As of 05-Sep, Ramky Infrastructure Ltd's stock price is currently at 560.40, reflecting a decrease of 2.0, or 0.36%. The stock has been experiencing a downward trend, having fallen consecutively for the last two days with a total decline of 1.34%. Despite outperforming its sector by 0.25% today, the stock has shown a negative return of 1.22% over the past month and a significant decline of 22.66% over the past year. The company has a Return on Capital Employed (ROCE) of 12.3, indicating an attractive valuation, but its profits have decreased by 25.4% over the past year, contributing to the stock's recent struggles. Additionally, the company carries a high debt burden, with a Debt to Equity ratio of 2.51, which raises concerns about its long-term fundamental strength.
In the broader market context, while the Sensex has shown a modest gain of 1.13% over the past week, Ramky Infrastructure's stock has outperformed this benchmark in the same timeframe with a return of 2.64%. However, the stock's performance has been notably weaker over the longer term, with a year-to-date decline of 12.56% compared to the Sensex's gain of 3.29%. The high percentage of pledged promoter shares (25.7%) adds further pressure on the stock, especially in a declining market. Overall, the combination of weak financial results, high debt levels, and underperformance relative to the broader market has contributed to the stock's current downward movement.