Why is Vascon Engineers falling/rising?

As of 14-Jul, Vascon Engineers Ltd is currently priced at 54.56, reflecting an increase of 0.5 or 0.92%. The stock has shown strong performance recently, outperforming its sector by 1.36% today and trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has risen by 4.76%, while it has increased by 4.62% over the past month. However, it is important to note that the stock has underperformed over the past year with a decline of 24.95%. Positive factors contributing to the recent price movement include a low debt-to-equity ratio, significant growth in operating profit, and strong cash reserves. Conversely, risks such as low management efficiency, a high percentage of pledged promoter shares, and overall underperformance in the market could weigh on investor sentiment.
In the broader market context, Vascon Engineers has outperformed the Sensex by 4.76% over the past week, while the benchmark index has declined by 1.42%. Despite this short-term outperformance, the stock's year-to-date return of 2.94% lags behind the Sensex's 5.27% gain. The company’s recent positive financial results and attractive valuation may provide some support for its stock price, but the ongoing concerns regarding management efficiency and pledged shares could hinder its recovery in the long term.