Why is Patspin India falling/rising?

As of 16-Sep, Patspin India Ltd's stock price is currently at 10.10, reflecting an increase of 0.1 (1.0%). Despite this slight uptick, the stock has shown significant underperformance, with a 1-week return of -1.75% and a 1-month return of -8.18%. The stock is trading below all its moving averages, indicating a bearish trend. Additionally, there has been a drastic decline in investor participation, with delivery volume dropping by 95.55% compared to the 5-day average. The company faces several challenges, including a negative book value, high debt levels, and a consistent decline in net sales, which has fallen at an annual rate of -31.62% over the past five years. The stock's performance has been further hindered by 36.26% of promoter shares being pledged, adding downward pressure in a falling market.
In the broader market context, while the Sensex has gained 1.58% over the past week, Patspin India has lagged significantly, underperforming the benchmark by a considerable margin. The stock's year-to-date return of -21.71% starkly contrasts with the Sensex's positive return of 5.43%. This consistent underperformance against the benchmark over the last three years, along with a negative EBITDA and flat results in recent quarters, suggests that investor sentiment remains weak, contributing to the stock's struggles in the current market environment.