Why is RKEC Projects falling/rising?

As of 25-Jul, RKEC Projects Ltd is experiencing a decline in its stock price, currently at 66.20, which reflects a decrease of 0.77 or 1.15%. The stock has underperformed significantly over various time frames, with a one-week return of -11.71% and a one-month return of -15.86%. Despite a recent increase in investor participation, as evidenced by a 99.44% rise in delivery volume, the stock is trading below its moving averages across all time frames. The company has reported negative results for the last two consecutive quarters, with a notable drop in net sales and profitability metrics, contributing to its overall weak performance. Additionally, the high percentage of pledged promoter shares adds downward pressure on the stock.
In the broader market context, RKEC Projects has underperformed the benchmark Sensex, which has seen a slight decline of only 0.53% over the past week. The company's long-term fundamentals are weak, with a high Debt to EBITDA ratio and low return on equity, indicating challenges in servicing debt and generating shareholder value. While the stock is trading at a discount compared to its peers, the significant negative returns over the past year (-51.81%) and the overall poor financial health suggest a lack of confidence among investors, leading to its current downward trajectory.