Why is ECS Biztech falling/rising?

As of 30-Jun, ECS Biztech Ltd's stock price is currently at 8.09, reflecting a decrease of 0.14 or 1.7%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.41% during this period. In terms of returns, the stock has shown a modest increase of 3.19% over the past month; however, it has significantly underperformed over the longer term, with a year-to-date decline of 22.44% and a staggering 35.33% drop over the past year. The company is facing challenges, including a negative book value and high debt levels, which contribute to its weak long-term fundamental strength. Additionally, the stock's performance has been hindered by flat quarterly results and a substantial decrease in profits.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 2.09% over the past week and 7.00% year-to-date. This indicates that while the overall market is experiencing growth, ECS Biztech is struggling to keep pace, highlighting its underperformance relative to the broader market. The falling investor participation, as evidenced by a decrease in delivery volume, further suggests a lack of confidence among investors, which is compounded by the company's poor long-term growth metrics and high debt-to-equity ratio.