Why is Setco Automotive falling/rising?

As of 01-Oct, Setco Automotive Ltd's stock price is currently at 17.17, reflecting an increase of 0.4 or 2.39%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Despite a recent outperformance against its sector by 1.27%, the stock has experienced a significant drop of 9.96% over the past week. While it has generated a strong return of 41.55% over the past year, the company faces challenges such as a negative book value, high debt levels, and declining profits, which contribute to its risky profile. Additionally, the delivery volume has fallen sharply, indicating reduced investor participation, which could impact future price movements.
In the broader market context, Setco Automotive's recent performance contrasts with the benchmark, as it has outperformed the Sensex over the past month with a return of 7.31% compared to the benchmark's 0.77%. However, the stock's year-to-date performance is concerning, with a decline of 8.03% against the Sensex's gain of 3.64%. The overall market has faced negative returns, but Setco's ability to generate substantial returns over the past year highlights its potential despite underlying weaknesses. The high percentage of pledged promoter shares adds to the stock's volatility, particularly in a declining market, which may further pressure its price.