Why is Catvision Ltd falling/rising?

As of 10-Jul, Catvision Ltd's stock price is currently at Rs 21.24, reflecting a decline of Rs 1.25 or 5.56%. The stock has hit a new 52-week low of Rs 19.1 today and has been on a downward trend, having fallen for the last three consecutive days, resulting in a total drop of 10.34% during this period. The stock has underperformed its sector by 5.9% today and is trading below all key moving averages, indicating a weak performance. Additionally, the company is facing significant operational challenges, including operating losses and a poor ability to service its debt, which is reflected in its low return on equity of 0.52%. The stock's risk is heightened by its negative EBITDA and substantial underperformance over the past year, where it has generated a return of -28.61% compared to the market's positive returns.
In the broader market context, Catvision Ltd's short-term performance has been notably poor, with a 1-week return of -9.96% compared to the Sensex, which has remained relatively stable with a change of -0.06%. This stark contrast highlights the company's struggles in a market that has shown resilience, as evidenced by the Sensex's positive return of 0.97% over the past month. The significant volatility in Catvision's stock, coupled with rising investor participation, suggests that while there may be interest in trading the stock, the underlying fundamentals remain weak, contributing to its declining price.