Why is Sadbhav Infra. falling/rising?

As of 01-Aug, Sadbhav Infrastructure Projects Ltd is currently priced at 4.14, reflecting an increase of 0.06 or 1.47%. Despite this positive movement today, the stock has underperformed significantly over the past week and month, with returns of -7.80% and -18.98%, respectively. The stock is trading below its moving averages across multiple time frames, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 49.29% against the five-day average. The company recently reported positive results, showcasing its highest return on capital employed and operating profit to interest ratios, which could be contributing to today's price increase.
In the broader market context, while the Sensex has declined by only 1.06% over the past week, Sadbhav's significant drop indicates a weaker performance relative to the benchmark. The company faces challenges with a negative book value and high debt levels, which raise concerns about its long-term viability. Additionally, the high percentage of pledged promoter shares adds to the stock's risk profile, particularly in a declining market. Overall, while there are some positive indicators in the short term, the long-term fundamentals remain weak, suggesting that the stock's recent rise may not be sustainable.