Why is Supreme Infra. falling/rising?

As of 27-Jun, Supreme Infrastructure India Ltd is experiencing a decline in its stock price, currently at Rs 116.95, which reflects a decrease of Rs 6.15 or 5.0%. Today's performance indicates that the stock has underperformed its sector by 5.23% and has fallen after five consecutive days of gains. The stock touched an intraday low of Rs 116.95, and despite trading above its moving averages, the recent negative momentum suggests a trend reversal. Over the past year, while the stock has generated a return of 29.94%, it has also faced significant challenges, including a negative book value and poor long-term growth metrics, with net sales declining at an annual rate of 31.38%. Additionally, 83.73% of promoter shares are pledged, which can exert further downward pressure in a falling market.
In the broader market context, the stock's short-term performance has been notably strong, with a 15.00% increase over the past week compared to a 2.00% rise in the Sensex. However, the year-to-date performance shows a decline of 14.88%, contrasting with the Sensex's gain of 7.58%. This discrepancy highlights the stock's volatility and the impact of its underlying financial issues, such as high debt and negative EBITDA, which contribute to its risk profile. Despite the recent surge in investor participation, the overall sentiment remains cautious due to the company's weak long-term fundamentals and the high percentage of pledged shares.