Why is Quadrant Tele. falling/rising?

As of 25-Jul, Quadrant Televentures Ltd is experiencing a decline in its stock price, currently at 0.36, which reflects a decrease of 0.01 or 2.7%. The stock has underperformed its sector by 0.58% today and has been on a consecutive downward trend for the last five days, resulting in a significant drop of 18.18% over that period. The stock is trading below all key moving averages, indicating a bearish trend. Furthermore, the company has reported negative results for the last ten consecutive quarters, with a notable decline in net sales and a negative book value, which suggests weak long-term fundamental strength. The reduction in promoter stake by 8.5% also signals diminishing confidence in the company's future prospects.
In the broader market context, the Sensex has only decreased by 0.36% over the past week, highlighting that Quadrant Televentures Ltd's decline is more severe than the overall market. While the stock has plummeted by 71.20% year-to-date, the benchmark has gained 4.25% in the same timeframe. This stark contrast emphasizes the stock's underperformance relative to the market, driven by poor financial health and declining investor participation, as evidenced by a drop in delivery volume. Overall, the combination of negative financial results, high debt levels, and reduced promoter confidence contributes to the stock's ongoing decline.