Why is Kore Digital falling/rising?

As of 18-Jul, Kore Digital Ltd's stock price is currently at 288.35, reflecting a decrease of 1.95, or 0.67%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a significant increase in delivery volume by 158.66% against the 5-day average, the stock has generated a return of -42.70% over the past year, underperforming the benchmark Sensex, which has gained 0.68% in the same period. The company has reported a drastic fall in net sales of -66.04%, leading to very negative quarterly results, which have contributed to the stock's decline.
In the broader market context, while the Sensex has shown resilience with a slight gain of 0.63% over the past month, Kore Digital's performance has been notably weaker, with a 5.74% decline over the last week. This underperformance is further emphasized by the company's low profitability metrics, including a negative PAT and the lowest net sales recorded. Despite having a high return on equity and a low debt-to-equity ratio, the significant drop in sales and profits has overshadowed these positive factors, leading to a lack of investor confidence and contributing to the stock's downward movement.