Why is Vama Industries falling/rising?

As of 08-Jul, Vama Industries Ltd's stock price is currently at 6.53, reflecting a decrease of 0.24, or 3.55%. The stock has underperformed its sector today by 2.86% and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 6.31%, while it has shown a modest increase of 5.66% over the past month. Despite reporting a significant growth in net sales of 275% and positive results in the last two quarters, the stock's long-term fundamentals appear weak, with a -7.70% CAGR growth in operating profits over the last five years and a low return on equity of 3.95%. Additionally, 30% of promoter shares are pledged, which adds downward pressure in a falling market.
In the broader market context, the Sensex has remained relatively stable, with a slight increase of 0.02% over the past week, contrasting with Vama Industries' notable decline. The stock's year-to-date performance is particularly concerning, showing a drop of 27.12%, while the benchmark has gained 7.13%. This underperformance is compounded by a significant decrease in investor participation, with delivery volume falling by 68.57% against the 5-day average. Overall, while the company has reported positive sales growth, the combination of weak long-term fundamentals, high promoter share pledging, and poor recent performance relative to the market has contributed to the stock's decline.