Why is Cityman falling/rising?

As of 24-Jul, Cityman Ltd's stock price is currently at Rs. 15.07, reflecting a decline of -0.44 or -2.84%. The stock has hit a new 52-week low of Rs. 14.75 today and has been on a downward trend, having lost -7.03% over the last two days. It has underperformed its sector by -2.86% today and is trading below all key moving averages, indicating weak momentum. Additionally, the stock has seen a significant drop in investor participation, with delivery volume falling by -76.56% compared to the 5-day average. Over the past year, Cityman has generated a return of -40.20%, starkly contrasting with the broader market, which has seen a modest gain of 2.54% during the same period.
In the broader market context, Cityman's short-term performance has been significantly worse than the benchmark, as it has declined by -12.38% over the past week while the Sensex has remained nearly flat at -0.09%. The company's weak long-term fundamentals, highlighted by a negative book value and high debt levels, contribute to its poor performance. Furthermore, the stock's negative EBITDA and flat results indicate ongoing financial struggles, making it a risky investment. Overall, the combination of these stock-specific factors and the broader market context has led to Cityman's continued decline in stock price.