Why is Supreme Infra. falling/rising?

As of 15-Jul, Supreme Infrastructure India Ltd is experiencing a decline in its stock price, currently at Rs 118.10, which reflects a decrease of Rs 3.7 or 3.04%. Today's price summary indicates that the stock underperformed its sector by 3.41%, opening with a loss of 2.59% and reaching an intraday low of Rs 118.05. Despite a strong performance over the past three years with a return of 745.99%, the stock has shown a year-to-date decline of 14.05%. The company's negative book value and high debt levels, along with a significant drop in net sales and operating profit over the last five years, contribute to its weak long-term fundamental strength, which may be influencing the current downward price movement.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week return of -4.76% compared to the Sensex's -1.36%. This underperformance is compounded by the fact that 83.73% of promoter shares are pledged, which can exert additional downward pressure in a falling market. Although there has been a rise in investor participation, as evidenced by a 33.3% increase in delivery volume, the overall negative sentiment surrounding the company's financial health and the broader market conditions appear to be driving the stock's decline.