Why is Sadbhav Infra. falling/rising?

As of 28-Aug, Sadbhav Infrastructure Projects Ltd is experiencing a decline in its stock price, currently at 4.01, reflecting a decrease of 0.15 or 3.61%. The stock has been underperforming significantly, with a consecutive fall over the last four days and a total return of -15.76% in the past week. It is trading below all major moving averages, indicating a bearish trend. Additionally, the stock's delivery volume has plummeted by 96.61% compared to its five-day average, suggesting a lack of investor interest. While there were positive results reported on June 25, including a substantial growth in profit after tax and return on capital employed, the company also faces significant challenges such as a negative book value, high debt levels, and poor long-term growth metrics, which contribute to its current downward movement.
In the broader market context, Sadbhav Infrastructure's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 2.34% over the same one-week period. The stock's year-to-date performance is particularly concerning, showing a decline of 38.40%, while the Sensex has gained 2.48%. This stark difference highlights the stock's struggles not only in the short term but also over the past year, where it has generated a return of -49.30%, underperforming the broader market significantly. The high percentage of pledged promoter shares further exacerbates the stock's volatility in a declining market, putting additional pressure on its price.