Why is Monotype India falling/rising?

As of 15-Jul, Monotype India Ltd's stock price is currently at 0.71, reflecting an increase of 0.01 or 1.43%. The stock has shown a trend reversal, gaining after six consecutive days of decline. Despite this recent uptick, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. The stock has underperformed in the short term, with a 1-week return of -1.39%, while the Sensex has decreased by a slightly lesser -1.36%. Positive factors include the company’s strong financial performance over the last four quarters, with net sales growing by 164.65% and PAT increasing by 55.96%. However, the company also faces significant challenges, including a negative book value, high debt levels, and a reduction in promoter confidence, as they have decreased their stake by 4.77% in the last quarter.
In the broader market context, Monotype India's recent performance contrasts with the Sensex's positive return of 1.79% over the past month, while the stock has declined by 5.33% in the same period. This divergence highlights the stock's struggles relative to the overall market. The company's weak long-term growth prospects, evidenced by a low annual growth rate in net sales and operating profit, coupled with a high debt-to-equity ratio, contribute to its risky profile. The combination of these factors suggests that while there may be short-term gains, the long-term outlook remains uncertain, which could be influencing investor sentiment and participation negatively.