Why is ECS Biztech falling/rising?

As of 21-Jul, ECS Biztech Ltd is experiencing a decline in its stock price, currently at 8.21, which reflects a decrease of 0.38 or 4.42%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 5.09% during this period. In terms of returns, the stock has shown a negative performance of 1.91% over the past week and a significant decline of 21.28% year-to-date. 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 recent performance is further impacted by a substantial drop in investor participation, with delivery volume decreasing by 61.65% against the five-day average.
In the broader market context, the Sensex has remained relatively stable, showing only a slight decline of 0.06% over the past week, contrasting with ECS Biztech's more pronounced downturn. The IT - Hardware sector has also faced a decline of 2.13%, indicating sector-wide challenges. Despite the stock's positive return of 156.56% over the past five years, its recent performance has been below par, with a staggering 30.89% drop in the last year. This underperformance, coupled with the company's poor financial results and high debt, suggests that ECS Biztech is struggling significantly compared to the broader market trends.