Why is Monotype India falling/rising?

As of 30-Jul, Monotype India Ltd's stock price is currently at Rs. 0.64, reflecting a decline of Rs. 0.03 or 4.48%. The stock has recently hit a new 52-week low and is underperforming its sector by 4.58%. It is trading below all key moving averages, indicating a bearish trend. Additionally, the stock has seen a significant drop in investor participation, with delivery volume falling by 52.19% compared to the 5-day average. Over the past week, the stock has decreased by 5.88%, and year-to-date, it has plummeted by 65.03%, contrasting sharply with the Sensex, which has gained 4.28%. Despite the company reporting positive results over the last four quarters, including a 164.65% growth in net sales, the negative book value and high debt levels raise concerns about its long-term viability.
In the broader market context, Monotype India's short-term performance has been notably worse than the benchmark Sensex, which has only declined by 1.50% over the past week. The company's weak long-term fundamentals, highlighted by a negative book value and a debt-to-equity ratio of zero, further exacerbate investor concerns. The recent reduction in promoter stake by 1.14% may signal diminishing confidence in the company's future prospects, contributing to the stock's downward pressure. Overall, while the company has shown some positive growth metrics, the combination of poor long-term growth, high debt, and reduced promoter confidence has led to a significant decline in its stock price.