Why is VMS Industries falling/rising?

As of 18-Sep, VMS Industries Ltd is experiencing a decline in its stock price, currently at 34.23, reflecting a decrease of 0.87 or 2.48%. The stock has underperformed its sector by 2.62% today and has seen a trend reversal after two consecutive days of gains. Although the stock has shown positive returns over the past week and month, with increases of 2.79% and 7.54% respectively, it has significantly underperformed over the year with a decline of 39.05%. The company's financial health is concerning, as it reported a weak return on equity (ROE) of 5.04% and a poor EBIT to Interest ratio of 0.52, indicating challenges in servicing its debt. Additionally, 53% of promoter shares are pledged, which can exert further downward pressure on the stock price in a falling market.
In the broader market context, VMS Industries has underperformed compared to the benchmark, with the BSE500 index showing a negative return of only 1.96% over the past year. The stock's recent performance, despite some short-term gains, highlights its struggles in the long term, particularly with a significant drop in net sales and profits reported in June. The overall market sentiment appears to be cautious, as the company's weak fundamentals and high promoter share pledges contribute to a lack of investor confidence, leading to the current decline in stock price.