Why is Monotype India falling/rising?

As of 11-Aug, Monotype India Ltd's stock price is currently at 0.66, reflecting a decrease of 0.01 or 1.49%. The stock has underperformed its sector by 2.18% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 31.31% compared to the 5-day average. Over the past month, the stock has seen a decline of 7.04%, while its year-to-date performance shows a staggering drop of 63.93%. Despite positive results in the last four quarters, including a 164.65% growth in net sales and a 55.96% increase in profit after tax, the company’s negative book value and high debt levels raise concerns about its long-term viability, contributing to the stock's downward pressure.
In the broader market context, Monotype India's short-term performance has been relatively weak compared to the Sensex, which has declined by only 0.51% over the past week. The stock's year-to-date return of -63.93% starkly contrasts with the Sensex's positive return of 3.15%. The reduction in promoter confidence, evidenced by a 1.14% decrease in their stake, further exacerbates concerns about the company's future prospects. Overall, the combination of poor long-term growth metrics, high debt, and diminishing promoter confidence has led to a negative sentiment surrounding the stock, resulting in its current decline.