Why is Exicom Tele-Sys. falling/rising?

As of 04-Jul, Exicom Tele-Systems Ltd is experiencing a decline in its stock price, currently at Rs 200.90, reflecting a decrease of Rs 1.5 or 0.74%. The stock has underperformed its sector by 1.16% today, with an intraday high of Rs 207.45 and a low of Rs 198.05. Over the past week, the stock has shown a modest gain of 0.95%, but it has significantly underperformed over the longer term, with a year-to-date decline of 18.84% and a staggering 59.04% drop over the past year. The company has reported operating losses and negative results for the last three consecutive quarters, which has contributed to its weak long-term fundamental strength. Additionally, the company's high Debt to EBITDA ratio and falling participation from institutional investors indicate a lack of confidence in its financial stability.
In the broader market context, while the Sensex has gained 3.01% over the past month, Exicom's stock has risen by 10.38% in the same period, suggesting some short-term resilience despite its overall poor performance. However, the stock's long-term trajectory remains concerning, as it has underperformed the market significantly, with the BSE500 generating a return of 2.13% over the past year. The combination of declining investor participation, negative EBITDA, and poor growth prospects has led to a cautious outlook for Exicom Tele-Systems Ltd, contributing to its current price decline.