Why is Setco Automotive falling/rising?

As of 12-Aug, Setco Automotive Ltd's stock price is currently at 16.05, reflecting an increase of 0.76 or 4.97%. The stock has shown strong performance recently, outperforming its sector by 5.25% today and achieving consecutive gains over the last three days, resulting in a total return of 11.77% during this period. Despite a year-to-date decline of 14.03%, the stock has managed to generate a positive return of 13.67% over the past year, which is significantly higher than the broader market's performance. However, the company faces challenges such as a negative book value, high debt levels, and a weak long-term growth outlook, which could impact investor sentiment and future performance.
In the broader market context, Setco Automotive's recent short-term return of 7.43% over the past week contrasts sharply with the Sensex, which has declined by 0.59% during the same period. This indicates that the stock is gaining traction despite the overall market's struggles. However, the company's high debt-to-equity ratio and negative net worth raise concerns about its long-term sustainability, which could deter some investors. Additionally, the high percentage of pledged promoter shares may add downward pressure in a declining market, suggesting that while the stock is currently rising, underlying risks remain that could affect its future trajectory.