Why is Ind-Agiv Commer. falling/rising?

As of 30-Jun, Ind-Agiv Commerce Ltd's stock price is currently at Rs 85.50, reflecting a decline of Rs 4.5 or 5.0%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total return of -7.67% over the past week. Today's trading saw the stock open with a loss of 5%, and it has not fluctuated beyond this price point. The stock's performance is further highlighted by its negative long-term fundamentals, including a negative book value and a high debt-to-equity ratio of 2.75 times, which contribute to its weak growth outlook. Although there were positive results in December 2022, with higher PAT and net sales, the overall trend indicates poor long-term growth, as net sales have decreased at an annual rate of -9.78% over the last five years.
In the broader market context, the Sensex has shown a positive return of +2.09% over the past week, contrasting sharply with Ind-Agiv's significant decline. The stock's performance has notably underperformed its sector by -7.39% today, indicating a lack of investor confidence compared to the overall market. While there has been a rise in investor participation, as evidenced by a 195.32% increase in delivery volume, the stock's erratic trading patterns and negative EBITDA suggest a risky investment compared to its historical valuations. Overall, the combination of weak fundamentals and poor short-term performance relative to the benchmark has led to the stock's decline.