Why is Indian Infotech falling/rising?

As of 18-Aug, Indian Infotech and Software Ltd is experiencing a decline in its stock price, currently at 0.95, which reflects a decrease of 0.23 or 19.49%. The stock has underperformed significantly today, lagging behind its sector by 21.34%. It is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 32.62%, while its year-to-date performance shows a decline of 28.57%. The company's financial health is concerning, with a negative compound annual growth rate (CAGR) of -229.28% in operating profits over the last five years and a poor EBIT to interest ratio of -2.26. Additionally, the latest financial results show a net sales decline of 33.62% and a negative profit after tax, further contributing to investor skepticism.
In the broader market context, the Sensex has shown a slight increase of 0.83% over the past week, contrasting sharply with Indian Infotech's substantial decline. This disparity highlights the stock's weak performance relative to the overall market. The company's liquidity is deemed sufficient for trading, yet the significant drop in delivery volume by 85.22% against the five-day average suggests waning investor interest. With a return on equity averaging only 0.21%, the stock's profitability remains low, and the negative EBITDA indicates a risky investment environment. These factors collectively contribute to the stock's downward trajectory, reinforcing its classification as a strong sell.