Why is DigiSpice Tech. falling/rising?

As of 31-Jul, DigiSpice Technologies Ltd is experiencing a decline in its stock price, currently at 21.01, which reflects a decrease of 0.29 or 1.36%. The stock has underperformed its sector by 1.06% today and has shown a trend reversal after two consecutive days of gains. Additionally, it is trading below all key moving averages, indicating a bearish trend. The stock has also seen a significant drop in investor participation, with delivery volume falling by 77.76% compared to the five-day average. Over the past year, DigiSpice has faced substantial challenges, with a staggering decline of 50.59% in stock returns, while the market benchmark (BSE500) only fell by 3.20%. The company's low return on equity of 3.34% and negative results over the last four quarters further contribute to the negative sentiment surrounding the stock.
In the broader market context, DigiSpice's short-term performance has been notably worse than the benchmark, with a one-week decline of 5.78% compared to the Sensex's 1.22% drop. This underperformance is compounded by the company's poor management efficiency and low profitability, as evidenced by a net sales growth rate of only 1.95% over the past five years. The stock's risk profile is heightened by a negative EBITDA and a significant drop in profits, which have fallen by 71.5% over the past year. These factors, combined with the company's lack of long-term growth prospects and a low debt-to-equity ratio, paint a concerning picture for investors, leading to the stock's current downward trajectory.