Why is ECS Biztech falling/rising?

As of 24-Sep, ECS Biztech Ltd is currently priced at 8.87, reflecting a decrease of 0.15 or 1.66%. The stock has recently experienced a trend reversal, falling after two consecutive days of gains. Despite outperforming its sector by 1.16% today, the stock has shown a negative performance over the past month, with a decline of 1.33%. The company has a negative book value and weak long-term fundamental strength, evidenced by a poor growth rate in net sales and operating profit over the last five years. Additionally, the stock has underperformed the market significantly over the past year, with a return of -31.08% compared to the broader market's decline of -3.77%.
In the broader market context, ECS Biztech's recent performance contrasts with the Sensex, which has shown a slight positive return of 0.50% over the past month. The IT - Hardware sector has also faced challenges, declining by 2.72%. While there has been a rise in investor participation, indicated by a significant increase in delivery volume, the overall sentiment remains cautious due to the company's high debt levels and negative book value. This combination of factors contributes to the stock's current downward movement, reflecting broader concerns about its long-term viability in a challenging market environment.