Why is Shalimar Wires falling/rising?

As of 27-Jun, Shalimar Wires Industries Ltd is experiencing a decline in its stock price, currently at 21.39, which reflects a decrease of 0.38 or 1.75%. The stock has underperformed its sector by 2.5% today and has seen a trend reversal after three consecutive days of gains. Additionally, the stock's delivery volume has significantly decreased, falling by 77.35% compared to the five-day average. Over the past week, the stock has dropped by 3.95%, while it has shown a modest gain of 5.11% over the last month. However, its year-to-date performance remains negative at -7.80%. The company has a high debt-to-equity ratio of 2.94, indicating financial strain, and 45.08% of promoter shares are pledged, which can exert downward pressure on the stock price in a falling market.
In the broader market context, the Sensex has increased by 2.00% over the past week, contrasting with Shalimar Wires' decline. While the stock has generated a negative return of -2.91% over the past year, its profits have risen significantly by 249%, suggesting potential undervaluation with a PEG ratio of 0.1. Despite this, the company's long-term growth prospects appear weak, with net sales growing at an annual rate of only 3.52% over the last five years. The combination of high debt, low profitability per unit of shareholders' funds, and the current market conditions contribute to the stock's downward movement.