Why is Tulsyan NEC falling/rising?

As of 29-Jul, Tulsyan NEC Ltd's stock price is currently at Rs. 35.00, reflecting a decrease of Rs. 0.36 or 1.02%. Today, the stock hit a new 52-week low of Rs. 32.5 and has shown significant volatility, trading within a wide range of Rs. 4.49. Despite touching an intraday high of Rs. 36.99, the stock's performance has been poor, with a 1-week return of -5.41% and a 1-month return of -14.63%. The company's fundamentals are weak, as indicated by a negative PAT of Rs. -41.83 crore and a declining net sales growth rate of -20.24%. Additionally, 99.63% of promoter shares are pledged, which adds downward pressure on the stock price in a falling market. In the broader market context, the stock has underperformed compared to the benchmark Sensex, which has only declined by 1.03% over the past week. The stock's long-term performance is concerning, with a year-to-date return of -50.28% compared to the Sensex's positive return of 4.09%. The significant drop in delivery volume, which has fallen by 86.24% against the 5-day average, further indicates a lack of investor confidence. Overall, the combination of weak financial performance, high volatility, and negative market sentiment contributes to the stock's declining price.