Why is Decipher Labs falling/rising?

As of 03-Sep, Decipher Labs Ltd is experiencing a decline in its stock price, currently at 10.55, which reflects a decrease of 0.05 or 0.47%. The stock has underperformed its sector by 1.71% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume has significantly dropped by 72.16% compared to the 5-day average, indicating falling investor participation. The company has reported negative results for the last four consecutive quarters, with net sales and profit after tax both declining by 64.39%. Furthermore, the company's weak long-term fundamental strength is highlighted by its negative EBIT to interest ratio of -2.82 and a return on capital employed of only 8.52%, suggesting low profitability.
In the broader market context, Decipher Labs has underperformed against the Sensex, with a 1-week return of -3.21% compared to the benchmark's -0.27%. Over the past year, the stock has generated a return of -37.79%, while the Sensex has seen a modest increase of 3.11%. This consistent underperformance over the last three years, where the stock has lagged behind the BSE500 in each annual period, further emphasizes the challenges faced by Decipher Labs. The overall market sentiment appears to be cautious, particularly given the company's ongoing operating losses and the significant decline in profitability, which contribute to its perception as a risky investment.