Why is Exicom Tele-Sys. falling/rising?

As of 29-Jul, Exicom Tele-Systems Ltd is experiencing a decline in its stock price, currently at Rs 164.80, which reflects a decrease of Rs 4.35 or 2.57%. The stock has underperformed its sector by 4.29% today, touching an intraday low of Rs 163.6. Over the past week, the stock has decreased by 3.74%, and it has shown a significant decline of 17.19% over the past month. The company's operating losses and weak long-term fundamentals are concerning, as evidenced by a negative profit after tax of Rs -62.28 crore and a high debt to EBITDA ratio. Additionally, the stock has generated a staggering return of -65.31% over the past year, indicating poor performance and a lack of investor confidence.
In the broader market context, the Sensex has only declined by 1.03% over the past week, highlighting that Exicom Tele-Systems Ltd is underperforming relative to the benchmark. The company's recent struggles are compounded by a decrease in institutional investor participation, which has fallen by 1.99% in the last quarter. This suggests a lack of confidence among more sophisticated investors, further contributing to the stock's downward trajectory. Overall, the combination of poor financial results, negative investor sentiment, and significant underperformance compared to the broader market are key factors driving the stock's decline.