Why is Ampvolts falling/rising?

As of 11-Jul, Ampvolts Ltd is experiencing a decline in its stock price, currently at 27.53, reflecting a decrease of 0.56 or 1.99%. The stock has been on a downward trend, losing value for the last three consecutive days and showing a total decline of 5.85% in this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Additionally, the stock has underperformed significantly over the past year, with a return of -29.45%, while the broader market has seen positive returns. Despite some positive financial results in the latest six months, such as an increase in PAT and EPS, the company faces challenges, including operating losses and a high Debt to EBITDA ratio, which contribute to its weak long-term fundamental strength.
In the broader market context, Ampvolts' short-term performance has been notably worse than the benchmark, with a 1-week decline of 5.91% compared to the Sensex's drop of only 1.12%. The IT - Software sector, in which Ampvolts operates, has also faced a decline of 2.19%. The falling investor participation, evidenced by a 42.53% drop in delivery volume against the 5-day average, further reflects a lack of confidence among investors. Overall, the combination of poor stock performance relative to the market, operational challenges, and sector-wide declines indicates a challenging environment for Ampvolts Ltd, contributing to its current stock price decline.