Why is E2E Networks falling/rising?

As of 30-Sep, E2E Networks Ltd's stock price is currently at 3,204.30, reflecting a decrease of 101.3 points or 3.06%. The stock has underperformed its sector today by 1.37%, despite having higher prices than its 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a decline of 4.39%, while it has performed well over the last month with a return of 39.61%. However, the company faces challenges, including a significant drop in operating profit over the last five years and negative quarterly results reported in June, which have contributed to its current price decline. Additionally, the high percentage of pledged promoter shares, which has increased recently, adds downward pressure on the stock.
In the broader market context, the Sensex has decreased by 2.22% over the past week, indicating that while E2E Networks has underperformed relative to the market, it has still shown a stronger performance over the past month. The company's ability to service debt is a positive factor, but the overall negative sentiment stemming from poor long-term growth and high valuations compared to peers is impacting investor confidence. The stock's liquidity remains adequate, but the combination of negative financial results and increased pledged shares is likely contributing to the downward pressure on its price.