Why is Diligent Media falling/rising?

As of 19-Sep, Diligent Media Corporation Ltd's stock price is currently at 4.88, reflecting an increase of 0.03 or 0.62%. The stock's performance today is in line with the sector, although it is trading higher than the 20-day and 50-day moving averages but lower than the 5-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 1.41%, while it has shown a modest gain of 3.39% over the last month. However, the stock has significantly underperformed over the year, with a decline of 20.52%. Additionally, the company faces challenges such as a negative book value and weak long-term fundamentals, with net sales growing at an annual rate of only 56.57% and a concerning debt-to-equity ratio of 0 times. The recent quarterly results also indicate a substantial drop in profit after tax, further contributing to the stock's negative sentiment.
In the broader market context, the Sensex has increased by 0.88% over the past week and 1.20% over the last month, indicating that Diligent Media's recent decline is not reflective of the overall market trend. The stock's year-to-date performance is particularly poor, down 23.51%, while the benchmark has gained 5.74% in the same period. This stark contrast highlights the stock's underperformance relative to the broader market, which may be influencing investor sentiment and participation, as evidenced by a 5.99% drop in delivery volume compared to the 5-day average. Overall, the combination of weak financial fundamentals and negative performance metrics suggests a challenging outlook for Diligent Media in the current market environment.