Why is Den Networks falling/rising?

As of 11-Jul, Den Networks Ltd's stock price is currently at Rs 38.16, reflecting a decline of Rs 1.23 or 3.12%. The stock has underperformed its sector today, with a performance that is 1.12% lower than the sector average. It touched an intraday low of Rs 38.01, indicating a drop of 3.5%. Over the past week, the stock has shown a slight increase of 0.69%, but it has significantly underperformed over the past year with a return of -29.72%. The company has a low Debt to Equity ratio and an attractive valuation with a Price to Book Value of 0.5; however, its profitability is hindered by a low Return on Equity (ROE) of 6.49% and declining net sales, which have decreased at an annual rate of -4.88% over the last five years. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the stock's prospects.
In the broader market context, the Sensex has generated a return of 5.58% year-to-date, contrasting sharply with Den Networks' year-to-date decline of 12.72%. While the stock has shown some resilience in the short term with a 0.32% increase over the past month, its long-term performance remains weak, particularly when compared to the benchmark's 3-year return of 51.67%. The falling investor participation, as indicated by a 42.07% drop in delivery volume, further underscores the challenges the stock faces in attracting investor interest amidst its poor management efficiency and flat financial results.