Why is SBC Exports falling/rising?

As of 28-Jul, SBC Exports Ltd is currently priced at 17.23, reflecting a decrease of 0.16 or 0.92%. The stock has shown a positive performance over the past week, with a return of 1.47%, and a significant increase of 16.11% over the past month. Today's price summary indicates that SBC Exports is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 26.82% against the 5-day average. However, the stock faces challenges, including a high proportion of pledged promoter shares, which has increased by 3.79% over the last quarter, potentially exerting downward pressure on the stock price.
In the broader market context, while SBC Exports has performed well in the short term compared to the benchmark Sensex, which has declined by 1.59% over the past week, the stock's year-to-date performance shows a decline of 3.38%, contrasting with the Sensex's gain of 3.52%. The company's strong ability to service debt, as indicated by a low Debt to EBITDA ratio of 0.88 times, and healthy long-term growth in operating profit, which has grown at an annual rate of 49.22%, provide some positive outlook. However, the stock's expensive valuation, reflected in its high enterprise value to capital employed ratio, and the negative sentiment from the pledged shares may contribute to its recent price movement.