Why is RKEC Projects falling/rising?

As of 24-Jul, RKEC Projects Ltd is experiencing a decline in its stock price, currently at 66.97, which reflects a decrease of 1.47 or 2.15%. The stock has underperformed its sector by 1.59% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 11.34%, and it has seen a significant decline of 51.25% over the past year, while its profits have only risen by 0.4%. The company has also reported negative results for the last two consecutive quarters, with a notable fall in net sales and profitability metrics, contributing to its weak long-term fundamental strength. Additionally, a high percentage of promoter shares are pledged, which can exert additional downward pressure on the stock price in a falling market.
In the broader market context, RKEC Projects' recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has seen a slight increase of 0.07% over the past month. The stock's significant decline of 15.71% over the last month further emphasizes its struggles compared to the overall market. Despite a rise in investor participation, as indicated by a 131.86% increase in delivery volume, the overall sentiment remains negative due to the company's financial challenges and poor historical performance relative to its peers.