Why is AGS Transact falling/rising?

As of 10-Jul, AGS Transact Technologies Ltd is experiencing a decline in its stock price, currently at 6.20, which reflects a decrease of 0.12 or 1.9%. The stock has recently underperformed its sector by 1.27% and has seen a trend reversal after eight consecutive days of gains. Despite a significant rise of 15.46% over the past week and 22.77% over the past month, the stock has a troubling year-to-date return of -90.57%. The company has not declared results in the last six months, indicating weak long-term fundamental strength, and has a high Debt to EBITDA ratio of 3.33 times, which raises concerns about its ability to service debt. The recent negative financial results, including a drastic fall in net sales and a PAT of Rs -194.26 crore, further contribute to the stock's downward pressure.
In the broader market context, while the Sensex has shown a slight increase of 0.97% over the past month, AGS Transact's performance starkly contrasts with this, highlighting its underperformance relative to the benchmark. The stock's significant decline over the past year, at -92.22%, coupled with its negative operating profits and low profitability metrics, positions it as a risky investment compared to historical valuations. This combination of poor financial results and weak market sentiment has led to a lack of investor confidence, contributing to the stock's current downward trajectory.