Why is Websol Energy falling/rising?

As of 15-Oct, Websol Energy System Ltd is experiencing a slight decline in its stock price, currently at 1,278.65, with a change of -0.1, reflecting a decrease of 0.01%. Today's price summary indicates that the stock's performance is in line with its sector, and it is trading higher than its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages. The stock has shown a strong performance over the past week with a return of +10.20%, but it has underperformed over the past month with a return of -0.59%. Positive factors include consistent growth in net sales and operating profit, as well as outstanding results over the last five quarters. However, the stock faces challenges due to a high valuation and a significant percentage of promoter shares being pledged, which can exert downward pressure on the stock price.
In the broader market context, while Websol Energy has generated a return of 7.40% over the past year, this is notably lower than the benchmark Sensex, which has increased by 5.72% during the same period. The stock's recent performance reflects a mixed sentiment among investors, as evidenced by the rising delivery volume, which increased by nearly 96% against the 5-day average, indicating heightened investor participation. However, the high promoter share pledge and expensive valuation may contribute to caution among investors, impacting the stock's ability to maintain upward momentum in the face of broader market trends.