Why is E2E Networks falling/rising?

As of 15-Jul, E2E Networks Ltd is experiencing a decline in its stock price, currently at 2,363.20, reflecting a decrease of 73.3 points or 3.01%. Today's performance indicates that the stock has underperformed its sector by 1.57%. The stock is trading higher than its 100-day moving average but lower than its 5-day, 20-day, 50-day, and 200-day moving averages. Despite a rise in investor participation, with a delivery volume increase of 7.84% against the 5-day average, the stock has shown negative returns over the past week and month, with declines of 4.42% and 9.74%, respectively. While the company has demonstrated strong long-term growth with a significant increase in net sales and operating profit, recent quarterly results have shown a drop in net sales and a low operating profit to interest ratio, contributing to the stock's current downward trend.
In the broader market context, E2E Networks' short-term performance has been notably worse than the benchmark, with a 1-week decline of 4.42% compared to the Sensex's 1.28% drop. The stock's year-to-date performance is also concerning, with a significant decline of 41.62% against the Sensex's gain of 6.56%. Additionally, the high percentage of pledged promoter shares (56.25%) may exert further downward pressure in a falling market, exacerbating the stock's challenges. Despite a strong historical performance over the last three years, the current valuation appears expensive, and the recent flat results have raised concerns among investors, leading to the stock's decline.