Why is Den Networks falling/rising?

As of 08-Jul, Den Networks Ltd is experiencing a decline in its stock price, currently at 38.78, which reflects a decrease of 0.51 or 1.3%. Today's price summary indicates that the stock has underperformed its sector by 2.03% and has reversed its trend after two consecutive days of gains. In terms of returns, the stock has shown a 1.57% increase over the past week and a 5.78% increase over the past month; however, it has significantly underperformed over the year with a decline of 29.59%. The company's low Return on Equity (ROE) of 6.49% and a negative growth in net sales over the last five years contribute to concerns about its management efficiency and long-term growth potential, which may be influencing investor sentiment negatively.
In the broader market context, while the Sensex has shown a slight increase of 0.02% over the past week, Den Networks' performance has been notably weaker, particularly over the past year where it has underperformed the market, which generated returns of 1.98%. The stock's liquidity appears adequate, with a significant rise in delivery volume, suggesting some investor interest despite the overall negative sentiment. The lack of domestic mutual fund investment may also indicate a lack of confidence in the company's prospects, further contributing to the stock's downward movement.