Why is E2E Networks falling/rising?

As of 14-Nov, E2E Networks Ltd is experiencing a decline in its stock price, currently at 2,647.10, which reflects a decrease of 165.0 points or 5.87%. The stock has underperformed significantly, with a performance today that is 5.46% lower than its sector. Over the past week, the stock has dropped by 13.98%, and it has shown a substantial decline of 39.95% over the past year. Additionally, the stock's delivery volume has decreased by 51.89% compared to the 5-day average, indicating falling investor participation. The company’s financial health is concerning, as it has reported negative operating profits and a significant drop in operating profit growth over the last five years, further contributing to the stock's downward trend. Moreover, 60.39% of promoter shares are pledged, which adds to the risk and downward pressure on the stock price.
In the broader market context, the stock has notably underperformed against the benchmark, with the Sensex gaining 1.64% over the past week and 10.10% over the past year, while E2E Networks has shown negative returns in both timeframes. This stark contrast highlights the stock's struggles in a generally positive market environment. The company's low debt-to-equity ratio may provide some reassurance, but the overall negative sentiment surrounding its financial performance and high levels of pledged shares are likely contributing to the stock's decline amidst a recovering market.