Why is AGS Transact falling/rising?

As of 14-Aug, AGS Transact Technologies Ltd is experiencing a decline in its stock price, currently at 4.98, reflecting a decrease of 0.1 or 1.97%. The stock has underperformed its sector today by 2.19% and has been on a consecutive downward trend for the last four days, accumulating a total loss of 6.92% during this period. Over the past week, the stock has fallen by 5.14%, and its performance over the last month shows a significant decline of 16.44%. The company has not declared results in the last six months, indicating weak long-term fundamental strength, and it has a high Debt to EBITDA ratio of 3.33 times, which raises concerns about its ability to service debt. Additionally, the stock has seen a drastic fall in net sales by 40.4%, with a reported PAT of Rs -194.26 crore, marking an alarming decline of 8555.3% compared to the previous four-quarter average.
In the broader market context, while the Sensex has shown a minimal decline of 0.03% over the past week, AGS Transact's performance has been significantly worse, highlighting its struggles relative to the benchmark. The stock has underperformed the market over the last year, with a staggering return of -94.48% compared to the market's negative return of only -0.57%. The reduction in promoter confidence, evidenced by a 25.76% decrease in their stake, further compounds the negative sentiment surrounding the stock. Overall, the combination of poor financial results, declining investor participation, and weak market performance has contributed to the ongoing decline in AGS Transact's stock price.