Why is Vama Industries falling/rising?

As of 16-Jul, Vama Industries Ltd is experiencing a decline in its stock price, currently at 6.63, with a change of -0.01 (-0.15%). The stock has underperformed its sector by 0.28% today 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 decreased by 1.63%, and it has shown a significant decline of 39.29% over the past year. Despite a 275% growth in net sales and positive results in the last two quarters, the company faces challenges such as weak long-term fundamental strength, a poor EBIT to interest ratio, and a high percentage of pledged promoter shares, which contribute to downward pressure on the stock price.
In the broader market context, Vama Industries has underperformed compared to the Sensex, which has gained 1.02% over the past month while Vama has dropped 13.67%. The stock's negative performance is further highlighted by its long-term returns, where it has lagged behind the BSE500 index over the last three years, one year, and three months. The overall market sentiment appears to be cautious, particularly due to the company's weak ability to service its debt and low profitability per unit of shareholders' funds, which may deter potential investors and contribute to the stock's declining trend.