Why is SPML Infra falling/rising?

As of 25-Aug, SPML Infra Ltd is currently priced at 272.00, reflecting a decrease of 5.0, or 1.81%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 8.69% over that period. Despite a positive performance in the longer term, with a 9.28% increase over the past year and significant gains over three and five years, the recent trend indicates weakness. Key negative factors include high debt levels, with a debt-to-equity ratio of 4.54, and disappointing financial results, such as a substantial drop in profit before tax and operating profit. Additionally, 27.11% of promoter shares are pledged, which can exert further downward pressure on the stock price in a declining market.
In the broader market context, SPML Infra's recent performance contrasts sharply with the Sensex, which has gained 0.45% over the past week. While the stock has shown resilience in the long term, its short-term struggles highlight a divergence from the benchmark. The stock's liquidity remains adequate, but a notable decline in delivery volume suggests waning investor interest. Overall, the combination of high debt, weak financial fundamentals, and recent negative performance has contributed to the stock's decline, despite its historical outperformance relative to broader market indices.