Why is Wanbury falling/rising?

As of 16-Jul, Wanbury Ltd's stock price is currently at 270.45, reflecting a decrease of 0.55, or 0.2%. The stock has been experiencing a downward trend, having fallen for the last two days with a total decline of 2.31% during this period. Despite being higher than the 5-day, 100-day, and 200-day moving averages, it is lower than the 20-day and 50-day moving averages. The stock's performance over the past week shows a modest increase of 0.99%, but it has significantly underperformed over the past month with a decline of 14.35%. Positive factors include the company’s recent declaration of improved financial results after three consecutive negative quarters, with notable increases in operating profit and cash reserves. However, the stock is also facing challenges due to high debt levels and a significant percentage of promoter shares being pledged, which adds pressure on the stock price.
In the broader market context, Wanbury's recent performance contrasts with the benchmark Sensex, which has declined by 1.08% over the past week. While Wanbury has outperformed the market with a 41.93% return over the past year compared to the Sensex's 2.38%, its short-term performance indicates a struggle, particularly with a 14.35% drop in the last month. The falling investor participation, as evidenced by a 64.96% decrease in delivery volume, suggests a lack of confidence among investors, which could further contribute to the stock's downward movement.