Why is Intl. Data Mgt. falling/rising?

As of 02-Jul, International Data Management Ltd's stock price is currently at Rs 26.13, reflecting a decline of 1.37 (-4.98%). The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total loss of 9.65% during this period. Today's trading saw the stock open with a loss of 4.98% and touch an intraday low of Rs 26.13, with no range in trading prices. Additionally, the stock has underperformed its sector by 1.81%. Over the past week, the stock has decreased by 1.40%, while it has shown a modest gain of 3.16% over the past month. However, the year-to-date performance is concerning, with a significant decline of 28.96%. The company is facing challenges, including a negative book value and high debt levels, which contribute to its weak long-term fundamental strength.
In the broader market context, the Sensex has increased by 0.79% over the past week, contrasting with the stock's decline. The IT - Hardware sector has also experienced a downturn, falling by 3.02%. Despite the stock's recent struggles, there has been a notable increase in investor participation, with delivery volume rising significantly. However, the overall performance remains risky, as the company has reported negative EBITDA and flat results, indicating poor long-term growth prospects. This combination of factors suggests that the stock's recent decline is influenced by both company-specific issues and broader market trends.