Why is Exicom Tele-Sys. falling/rising?

As of 13-Jun, Exicom Tele-Systems Ltd is experiencing a decline in its stock price, currently at Rs 195.05, which represents a decrease of Rs 5.95 or 2.96%. The stock has underperformed its sector by 2.4% today and has been on a downward trend for the last two days, with a total decline of 7.14% during this period. The stock touched an intraday low of Rs 192.45, indicating significant selling pressure. Over the past week, the stock has shown a positive return of 4.95%, but it has significantly underperformed over the past year, with a return of -38.26%. The company's fundamentals are weak, as it has reported operating losses for the last three consecutive quarters, and its ability to service debt is low, reflected in a high Debt to EBITDA ratio. Additionally, institutional investors have reduced their stake in the company, indicating a lack of confidence in its long-term prospects.
In the broader market context, while the BSE 500 index has generated a return of 3.05% over the past year, Exicom Tele-Systems has notably lagged behind, highlighting its underperformance. The stock's recent decline is compounded by negative sentiment surrounding its financial health, as evidenced by a significant increase in interest expenses and a drastic fall in profits. The rising investor participation, indicated by an increase in delivery volume, does not seem to be enough to counteract the negative trends in the company's financial performance and the broader market's positive trajectory.