Why is AGS Transact falling/rising?

As of 18-Jul, AGS Transact Technologies Ltd is experiencing a decline in its stock price, currently at 5.52, which represents a decrease of 0.11 or 1.95%. The stock has been underperforming significantly, having fallen consecutively for the last seven days, resulting in a total return of -12.66% during this period. Additionally, the stock has underperformed its sector by 1.85% today. Over the past week, the stock has decreased by 9.21%, while it has shown a positive return of 20.00% over the past month. However, the long-term outlook remains bleak, with a staggering decline of 91.61% year-to-date and 93.10% over the past year. The company has not declared results in the last six months, has a high Debt to EBITDA ratio of 3.33 times, and has reported very negative results recently, including a 40.4% fall in net sales and a PAT of Rs -194.26 crore.
In the broader market context, the Sensex has only decreased by 0.90% over the past week, indicating that AGS Transact's decline is more severe than the overall market trend. This disparity highlights the stock's weak performance relative to the benchmark. The company's declining fundamentals, including a low return on equity of 0.57% and a negative operating profit to interest ratio, further contribute to investor concerns. Additionally, the reduction in promoter stake by 6.82% may signal a lack of confidence in the company's future prospects, which could deter potential investors. Overall, the combination of poor financial results, high debt levels, and diminishing promoter confidence has led to the stock's continued decline.