Why is Vascon Engineers falling/rising?

As of 15-Jul, Vascon Engineers Ltd's stock price is currently at Rs 55.66, reflecting an increase of Rs 1.1 or 2.02%. The stock has shown positive momentum, gaining 2.96% over the last two days and outperforming its sector by 1.65% today. It reached an intraday high of Rs 57.49, indicating strong trading activity. Over the past week, the stock has increased by 5.90%, while its performance over the last month stands at a gain of 6.73%. Despite a significant decline of 23.04% over the past year, the company's operating profit has grown at an impressive annual rate of 94.12%, and it maintains a low debt-to-equity ratio, which contributes to its attractive valuation.
In the broader market context, while the Sensex has declined by 1.36% over the past week, Vascon Engineers has managed to rise, showcasing its relative strength. However, the stock has underperformed the market over the past year, which may raise concerns among investors. The recent drop in delivery volume by 34.98% against the five-day average suggests a potential decrease in investor participation, which could impact future price movements. Additionally, the fact that 27.73% of promoter shares are pledged may exert downward pressure in a falling market, despite the company's positive financial indicators.