Why is Sadbhav Engg. falling/rising?

As of 17-Jul, Sadbhav Engineering Ltd is experiencing a decline in its stock price, currently at 14.02, down by 0.16 or 1.13%. The stock has shown a performance of +11.01% over the past week and +11.36% over the past month, indicating some short-term recovery. However, it has significantly underperformed over the longer term, with a year-to-date decline of 48.00% and a staggering 55.65% drop over the past year. Today's price summary indicates that the stock underperformed its sector by 1.3%, despite higher trading volumes and liquidity. The company faces serious challenges, including a negative book value, high debt levels, and consistent losses over the last five quarters, which contribute to its weak long-term fundamental strength.
In the broader market context, while the Sensex has shown a slight decline of 1.12% over the past week, Sadbhav Engineering's recent performance has been more favorable in comparison, yet it still lags behind the market's overall performance. The stock's significant underperformance over the past year, where it generated negative returns of -55.65% compared to the market's modest gain of 0.26%, highlights the ongoing struggles the company faces. The high percentage of pledged promoter shares adds further risk, potentially exerting additional downward pressure on the stock price in a declining market.