Why is Lee & Nee Soft. falling/rising?

As of 08-Sep, Lee & Nee Software (Exports) Ltd is currently priced at 9.41, reflecting an increase of 0.06 or 0.64%. Despite this slight uptick, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has underperformed in the long term, with a year-to-date return of -32.83% and a one-year return of -20.19%. Additionally, the company is facing operational challenges, including operating losses and a weak ability to service its debt, which contributes to its negative outlook. The recent delivery volume has also decreased by 3.29% against the 5-day average, suggesting falling investor participation.
In the broader market context, Lee & Nee Software's short-term performance of +0.21% over the past week is slightly below the Sensex's return of +0.53%. The stock's performance has been notably poor compared to the benchmark over longer periods, with a three-year return of -14.61% versus the Sensex's +35.35%. This underperformance, coupled with the company's weak long-term fundamentals and negative EBITDA, positions the stock as risky and contributes to its overall decline in investor confidence.