Why is SPML Infra falling/rising?

As of 18-Sep, SPML Infra Ltd's stock price is currently at 277.15, reflecting an increase of 7.2, or 2.67%. Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline. It outperformed its sector by 2.86% and reached an intraday high of Rs 281.2, marking a 4.17% increase. However, the stock has shown mixed performance over different periods, with a 1-month decline of 6.97% and a year-to-date increase of 8.26%. While the stock has generated a modest return of 0.31% over the past year, it has seen a significant profit increase of 1216.5%, and its PEG ratio stands at a favorable 0.1. Despite these positives, the company faces challenges such as high debt levels and weak long-term growth, with net sales declining at an annual rate of -12.53%.
In the broader market context, SPML Infra's short-term performance has lagged behind the benchmark Sensex, which has increased by 1.80% over the past week, while SPML only gained 0.16%. The stock's liquidity remains adequate for trading, but there has been a notable decline in investor participation, with delivery volume falling by 31.12% against the 5-day average. Additionally, the presence of pledged promoter shares could exert downward pressure on the stock in a falling market. Overall, while the stock is experiencing a short-term rise, its long-term fundamentals and market conditions present a mixed outlook.