Why is Sadbhav Engg. falling/rising?

As of 28-Aug, Sadbhav Engineering Ltd is experiencing a decline in its stock price, currently at 14.89, reflecting a decrease of 0.78 or 4.98%. The stock has underperformed its sector by 4.56% today and has been on a consecutive downward trend for the last three days, resulting in a total drop of 14.18% during this period. Over the past week, the stock has fallen by 10.68%, while its performance over the past year shows a significant decline of 53.77%. Key negative factors contributing to this decline include a negative book value, high debt levels with a debt-to-equity ratio of 5.52, and poor long-term growth metrics, including a 26.19% drop in net sales for the latest quarter. Additionally, 80.45% of promoter shares are pledged, which adds further downward pressure in a falling market.
In the broader market context, the Sensex has seen a decline of 2.34% over the past week, indicating that while Sadbhav Engineering Ltd is underperforming, the overall market is also facing challenges. The stock's performance contrasts sharply with the benchmark, particularly over the past year, where it has significantly lagged behind the market's negative return of 5.01%. This underperformance, coupled with falling investor participation and liquidity concerns, suggests a lack of confidence among investors regarding the company's future prospects.