Why is Vipul Ltd falling/rising?

As of 11-Jul, Vipul Ltd's stock price is currently at Rs 10.47, reflecting an increase of Rs 0.19 or 1.85%. Despite this recent uptick, the stock has shown a significant decline over the past week and month, with returns of -6.10% and -9.90%, respectively. The stock is also trading below all key moving averages, indicating a bearish trend. However, it has outperformed its sector today by 3.06%, and there has been a notable increase in investor participation, with delivery volume rising by 41.28% against the 5-day average. The company has been facing severe financial challenges, including consecutive negative results and a high debt-to-EBITDA ratio, which contribute to its classification as a strong sell.
In the broader market context, while the Sensex has seen a slight decline of -1.12% over the past week, Vipul Ltd's performance has been considerably worse, highlighting its underperformance relative to the benchmark. The stock has generated a staggering -78.16% return over the past year, contrasting sharply with the Sensex's positive return of +3.26% during the same period. This stark difference underscores the company's ongoing struggles, including operating losses and a high proportion of pledged promoter shares, which add to the stock's volatility and risk in a falling market.