Why is Exicom Tele-Sys. falling/rising?

As of 08-Jul, Exicom Tele-Systems Ltd is experiencing a decline in its stock price, currently at Rs 185.00, which reflects a decrease of Rs 2.0 or 1.07%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in an overall drop of 8.6% during this period. Additionally, the stock has shown significant underperformance over various time frames, with a year-to-date decline of 25.27% and a staggering 59.43% drop over the past year. The company has reported negative results for the last three consecutive quarters, with increasing operating losses and a negative EBITDA, contributing to a weak long-term fundamental strength. Furthermore, institutional investors have reduced their stakes, indicating a lack of confidence in the company's future performance.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has shown a slight increase of 0.02% over the past week and a gain of 7.13% year-to-date. While the market has generally been on an upward trend, Exicom Tele-Systems Ltd has not only underperformed the market but also the sector, with a performance today that lagged by 1.66%. The rising investor participation, as indicated by an increase in delivery volume, suggests some interest, but it is overshadowed by the overall negative sentiment surrounding the company's financial health and operational challenges.