Why is Exicom Tele-Sys. falling/rising?

As of 26-Jun, Exicom Tele-Systems Ltd is experiencing a decline in its stock price, currently at Rs 197.50, which reflects a decrease of Rs 5.75 or 2.83%. The stock has underperformed its sector by 3.5% today and has seen a trend reversal after two consecutive days of gains. It touched an intraday low of Rs 195.45, indicating a drop of 3.84%. Over the past week, the stock has shown a return of +12.99%, but it has significantly underperformed over the year with a return of -52.20%. The company's financial health is concerning, as it has reported operating losses and negative results for the last three consecutive quarters, with a high Debt to EBITDA ratio and a substantial decline in profits.
In the broader market context, while the Sensex has increased by 2.94% over the past week, Exicom's performance stands in stark contrast with its negative returns. The stock's liquidity appears adequate, but the falling participation from institutional investors, who have reduced their stake by 1.99%, raises concerns about its long-term viability. The overall market has generated positive returns of 4.11% in the last year, further highlighting Exicom's significant underperformance. This combination of weak fundamentals, declining investor confidence, and poor market performance contributes to the stock's current downward trajectory.