Why is AGS Transact falling/rising?

As of 17-Jul, AGS Transact Technologies Ltd is experiencing a decline in its stock price, currently at 5.63, which reflects a decrease of 0.11 or 1.92%. The stock has been underperforming, having lost 10.92% over the last six days, and it is currently below its 5-day, 100-day, and 200-day moving averages. Additionally, the stock has shown a significant drop in investor participation, with delivery volume falling by 91.04% compared to the 5-day average. The company has reported very negative financial results, including a 40.4% decline in net sales and a staggering PAT drop of 8555.3% compared to the previous four-quarter average, indicating severe operational challenges. Furthermore, the promoters have reduced their stake by 6.82%, which may reflect a lack of confidence in the company's future prospects.
In the broader market context, AGS Transact's performance has been notably poor compared to the Sensex, with a year-to-date return of -91.44% against the benchmark's 5.27%. Over the past week, the stock has underperformed the Sensex, which declined by only 1.12%, while AGS Transact fell by 9.19%. This stark contrast highlights the stock's struggles relative to the market, compounded by its weak long-term fundamentals and negative operating profits. Overall, the combination of declining sales, poor profitability, and reduced promoter confidence has contributed to the stock's ongoing decline.