Why is SPML Infra falling/rising?

As of 11-Sep, SPML Infra Ltd is experiencing a decline in its stock price, currently at 276.70, which represents a decrease of 6.75 or 2.38%. The stock has underperformed its sector today by 2.44% and has been on a consecutive downward trend for the last two days, with a total decline of 3.92% during this period. The stock touched an intraday low of Rs 274.9 and has seen a significant drop in delivery volume, falling by 53.2% against the 5-day average. Despite a strong long-term performance with a 4.04% return over the past year, the company faces challenges such as high debt levels and weak long-term growth, with net sales declining by 24.59% in the last quarter.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week return of -2.60% compared to the Sensex's gain of 1.03%. This underperformance is compounded by the company's high debt-to-equity ratio of 4.54 and low profitability, as indicated by a return on equity of only 1.09%. Additionally, the presence of pledged promoter shares (27.11%) adds downward pressure in a falling market, further contributing to the stock's decline. Overall, while SPML Infra has shown strong long-term returns, its current financial struggles and market conditions are leading to a negative impact on its stock price.