Why is Monotype India falling/rising?

As of 24-Sep, Monotype India Ltd's stock price is currently at Rs. 0.56, reflecting a decline of Rs. 0.03 or 5.08%. The stock has recently hit a new 52-week low of Rs. 0.55 and is underperforming its sector by 4.99%. Over the past week, the stock has decreased by 8.20%, while it has fallen 6.67% over the last month. Despite reporting positive results over the last four consecutive quarters, including a significant growth in net sales and profit after tax, the company faces challenges such as a negative book value and a high debt-to-equity ratio. Additionally, the reduction in promoter stake by 1.14% may indicate a lack of confidence in the company's future prospects, contributing to the stock's downward movement.
In the broader market context, Monotype India's performance contrasts sharply with the Sensex, which has only declined by 1.18% over the past week and has gained 0.50% over the last month. The stock's significant underperformance relative to the benchmark highlights investor concerns regarding its long-term growth potential, especially given its weak fundamentals and declining investor participation, as evidenced by a 36.27% drop in delivery volume compared to the five-day average. Overall, the combination of negative sentiment, poor long-term growth prospects, and reduced promoter confidence is driving the stock's decline.