Why is True Green falling/rising?

As of 15-Sep, True Green Bio Energy Ltd's stock is currently priced at 55.02, reflecting an increase of 1.22 or 2.27%. The stock opened with a gain of 5.58% today and reached an intraday high of Rs 56.8. However, it is still trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 6.82%, and year-to-date, it has experienced a significant drop of 49.98%. While the company reported positive results with a 208.87% growth in net sales over the last six months, it also faces challenges such as weak long-term fundamental strength, a low return on equity, and a high percentage of pledged promoter shares, which contribute to downward pressure on the stock. In the broader market context, True Green has underperformed compared to the benchmark, with a one-year return of -31.76% against the BSE500's -3.45%. This stark contrast highlights the stock's struggles despite the overall market showing relatively stable performance. The recent price movement may indicate a temporary rebound, but the underlying issues such as weak profitability and high promoter pledges suggest that the stock may continue to face challenges in maintaining upward momentum in the long term.