Why is Relicab Cable falling/rising?

As of 13-Aug, Relicab Cable Manufacturing Ltd's stock price is currently at 75.00, reflecting a slight increase of 0.18 or 0.24%. The stock has shown a positive trend recently, gaining 2.74% over the last two days, although it has underperformed in the longer term, with a year-to-date decline of 18.26% and a staggering 45.26% drop over the past year. Despite this, the stock's delivery volume has increased by 37.7% against the 5-day average, indicating rising investor participation. However, the company faces challenges, including a high percentage of pledged promoter shares (99.94%), which can exert downward pressure on the stock price, and a high PEG ratio of 3.8, suggesting an expensive valuation relative to its earnings growth. In the broader market context, the stock has significantly underperformed compared to the benchmark, with a one-year return of -45.26% against the BSE500's -0.64%. While the stock has shown some resilience in the short term, the overall negative sentiment is compounded by flat quarterly results and declining profitability metrics, such as a PBT that has fallen by 101.71%. The market's slight decline of 0.01% over the past week contrasts with the stock's more substantial drop of 5.83%, highlighting its struggles relative to the broader market.