Why is 3i Infotech falling/rising?

As of N/A, 3i Infotech Ltd's stock price is currently at 22.72, reflecting a decrease of 0.21, or 0.92%. The data from "Today's Price Summary" is not available, but the stock has shown a significant decline over various periods, with a one-year return of -33.24% and a year-to-date return of -18.92%. Despite declaring positive results for the last three consecutive quarters, including a 160.66% growth in PAT over the latest six months and an attractive valuation with a Price to Book Value of 1.3, the stock's performance has been hindered by operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -1.67. Additionally, the company has consistently underperformed against benchmarks, which has contributed to investor sentiment that favors selling.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a one-week return of -2.36% compared to the Sensex's -0.51%. Over the past three years, 3i Infotech has generated returns of -44.38%, while the benchmark has seen a positive return of 35.85%. This consistent underperformance against the BSE500 and the overall market, coupled with the company's weak long-term fundamental strength, suggests that investors are cautious, leading to the stock's downward movement.