Why is Wardwizard Inno. falling/rising?

As of 08-Jul, Wardwizard Innovations & Mobility Ltd is experiencing a price increase, currently at 14.97, reflecting a rise of 0.33 or 2.25%. Today's price summary indicates that the stock has outperformed its sector by 3.56% and has gained after two consecutive days of decline. However, despite this short-term uptick, the stock has shown a significant underperformance over the longer term, with a 1-month return of -6.26% and a staggering -74.37% return over the past year. Positive factors include a healthy long-term growth rate in net sales and operating profit, alongside an attractive valuation compared to peers. Conversely, the stock faces challenges such as a high debt-equity ratio, a significant portion of promoter shares being pledged, and consistent underperformance against benchmarks over the last three years.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has shown a minimal increase of 0.02% over the past week. While Wardwizard's stock has gained 1.70% in the same period, its longer-term performance remains concerning, particularly with a year-to-date return of -60.08% compared to the Sensex's positive return of 7.13%. This disparity highlights the stock's volatility and the potential risks associated with its high levels of pledged shares and declining profits, which may contribute to investor caution despite the recent price rise.