Why is Sadbhav Engg. falling/rising?

As of 17-Sep, Sadbhav Engineering Ltd's stock price is currently at 13.47, reflecting a decline of 0.51, or 3.65%. The stock has underperformed its sector by 4.02% today and has experienced a trend reversal after two consecutive days of gains. It is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 4.26%, while it has shown a modest increase of 12.81% over the past month. However, the company faces significant challenges, including a negative book value, high debt levels, and poor long-term growth metrics, which have contributed to its recent price decline.
In the broader market context, while the Sensex has gained 1.56% over the past week, Sadbhav Engineering's performance has been notably weaker, highlighting its struggles relative to the benchmark. The stock has underperformed the market significantly over the past year, with a return of -56.74% compared to the Sensex's slight decline of -0.46%. The high percentage of pledged promoter shares adds further risk, potentially exacerbating downward pressure on the stock in a falling market. Overall, the combination of weak financial fundamentals and poor market performance has led to the stock's current decline.