Why is E2E Networks falling/rising?

As of 24-Sep, E2E Networks Ltd is experiencing a decline in its stock price, currently at 3,218.60, which reflects a decrease of 132.7 points or 3.96%. Today's price summary indicates that the stock has underperformed its sector by 1.14%, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has shown a strong performance over the past week and month, with returns of 8.03% and 37.32%, respectively. However, the company's recent financial results have raised concerns, as it reported a negative PAT of Rs -2.84 crore and a decline in net sales, contributing to a poor long-term growth outlook with an annual operating profit decrease of 24.12% over the last five years. Additionally, the high percentage of pledged promoter shares, which has increased recently, adds downward pressure on the stock price.
In the broader market context, E2E Networks has outperformed the Sensex over the past week and month, but it has underperformed year-to-date with a decline of 20.49% compared to the benchmark's gain of 5.97%. The stock's recent struggles, particularly in light of its negative quarterly results and high valuation metrics, suggest that investor sentiment may be shifting. While the company has demonstrated strong historical returns over three and five years, the current financial challenges and market conditions are likely influencing the stock's downward movement.