Why is SPML Infra falling/rising?

As of 26-Sep, SPML Infra Ltd is experiencing a decline in its stock price, currently at Rs 245.60, which reflects a decrease of Rs 8.5 or 3.35%. The stock has been underperforming significantly, having fallen consecutively for the last five days, resulting in a total return of -12.97% over the past week. Today's trading saw the stock reach an intraday high of Rs 261.25 but also dip to a low of Rs 244.2, indicating volatility. Additionally, the stock's performance has been weak compared to its sector, underperforming by 3.22%. The company's financial health is concerning, with a high debt-to-equity ratio of 3.72 times and poor long-term growth metrics, including a net sales decline of -12.53% annually over the last five years. Although the stock is trading at a discount compared to peers and has shown a significant profit increase of 1216.5%, the overall weak fundamentals and high debt are contributing to its recent price drop.
In the broader market context, SPML Infra's short-term performance has been notably worse than the benchmark Sensex, which has only declined by 2.66% over the past week. This stark contrast highlights the stock's struggles relative to the market. The company's weak operational results, including a significant drop in profit before tax and low operating profit to interest ratio, further exacerbate investor concerns. Additionally, the fact that 27.11% of promoter shares are pledged adds to the downward pressure on the stock, especially in a falling market. Overall, these factors indicate a challenging environment for SPML Infra, leading to its current decline in stock price.