Why is Monotype India falling/rising?

As of 11-Jul, Monotype India Ltd is experiencing a decline in its stock price, currently at 0.71, which reflects a decrease of 0.01 or 1.39%. The stock has underperformed its sector by 0.47%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has shown a negative performance over the past week and month, with returns of -2.74% in both periods. Despite declaring positive results for the last four consecutive quarters, including significant growth in net sales and profit after tax, the company faces challenges such as a negative book value and high debt levels, which contribute to its weak long-term fundamental strength.
In the broader market context, Monotype India's short-term performance has lagged behind the benchmark Sensex, which has only declined by 1.12% over the past week. The company's declining stock price is further exacerbated by a reduction in promoter confidence, as they have decreased their stake by 4.77% in the last quarter. This lack of confidence, combined with the stock's risky trading status compared to historical valuations, suggests that investors may be wary of the company's future prospects, leading to its current downward trend.