Why is AGS Transact falling/rising?

As of 11-Jul, AGS Transact Technologies Ltd is experiencing a decline in its stock price, currently at 6.08, which reflects a decrease of 0.12 or 1.94%. The stock has been losing value for the last two days, with a total drop of 3.8% during this period. Although the stock has shown a positive return of 7.99% over the past week and 22.83% over the past month, it has significantly underperformed in the long term, with a staggering decline of 90.76% year-to-date and 92.38% over the past year. The company has not declared results in the last six months, and its financial health is concerning, highlighted by a high Debt to EBITDA ratio of 3.33 times and a negative PAT of Rs -194.26 crore, which has fallen dramatically compared to previous quarters. Additionally, 35.45% of promoter shares are pledged, which can exert further downward pressure on the stock price in a falling market.
In the broader market context, the Sensex has shown a slight decline of 1.12% over the past week, indicating a challenging environment for stocks in general. Despite AGS Transact's recent short-term gains, its long-term performance remains poor, especially when compared to the benchmark, which has increased by 5.58% year-to-date. The stock's liquidity is adequate for trading, but the falling investor participation, with a 28.52% drop in delivery volume, suggests waning interest among investors. Overall, the combination of weak fundamentals, negative operating profits, and high pledged shares contributes to the stock's current downward trajectory.