Why is Monotype India falling/rising?

As of 04-Sep, Monotype India Ltd is currently priced at 0.60, showing no change (0.00%). The stock has underperformed its sector by 0.41% today and is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has increased by 1.69%, while it has seen a significant decline of 9.09% over the past month and a staggering 67.21% year-to-date. Despite reporting positive results for the last four consecutive quarters, including a 164.65% growth in net sales and a 55.96% increase in 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. Additionally, a decrease in promoter stake by 1.14% may reflect reduced confidence in the company's future prospects.
In the broader market context, Monotype India's recent performance contrasts with the Sensex, which has gained 0.80% over the past week and 3.30% year-to-date. While the stock has shown some short-term recovery, its long-term outlook remains concerning due to poor growth rates and high debt levels. The significant decline in its year-to-date performance compared to the benchmark indicates that investor sentiment is cautious, particularly in light of the company's financial challenges and the recent reduction in promoter confidence.