Why is Sangam India falling/rising?

As of 09-Jul, Sangam (India) Ltd's stock price is currently at Rs 460.00, reflecting a decrease of Rs 3.45 or 0.74%. Today's performance indicates that the stock has underperformed its sector by 0.73%, having touched an intraday low of Rs 450.15. Despite this decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting some underlying strength. Over the past year, the stock has generated a return of 12.35%, significantly outperforming the market, which saw a return of only 1.43%. However, the company's profits have fallen by 21.3%, and it has declared negative results for the last ten consecutive quarters, indicating weak long-term fundamental strength.
In the broader market context, while Sangam's short-term performance over the past week shows a gain of 0.44%, it still lags behind the benchmark Sensex, which has increased by 0.15%. The stock's liquidity appears adequate, with a delivery volume increase of 17.44% against the 5-day average, but the high Debt to EBITDA ratio of 3.51 times raises concerns about the company's ability to service its debt. Additionally, the lack of domestic mutual fund investment, holding only 0% of the company, may reflect a lack of confidence in its valuation or business prospects. Overall, the combination of declining profits, poor long-term growth, and negative quarterly results contributes to the stock's recent downward movement.