Why is Setco Automotive falling/rising?

As of 01-Jul, Setco Automotive Ltd is experiencing a decline in its stock price, currently at 19.01, which reflects a decrease of 0.56 or 2.86%. The stock has underperformed its sector by 2.92% today and has seen a trend reversal after five consecutive days of gains. Despite trading above its moving averages for various periods, the stock's performance over the past month shows a decline of 3.50%, although it has generated a significant return of 46.80% over the last year. The company has reported positive financial results, including a high return on capital employed and record net sales; however, it also faces challenges such as a negative book value and high debt levels, which contribute to its weak long-term fundamental strength.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has increased by 2.00% over the past week. While Setco Automotive has outperformed the market over the past year, the current decline may be influenced by the high percentage of pledged promoter shares, which can exert downward pressure in a falling market. Additionally, the company's weak long-term growth prospects and the necessity to raise fresh capital or report profits to sustain operations further complicate its outlook. Overall, these factors contribute to the stock's current downward movement despite its previous strong performance.