Why is Satchmo Holdings falling/rising?

As of 03-Sep, Satchmo Holdings Ltd is currently priced at 3.49, reflecting a decrease of 0.01, or 0.29%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 6.18% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company faces significant challenges, including a negative book value, weak long-term growth with net sales declining at an annual rate of 23.39%, and a high debt-to-equity ratio. These factors contribute to the stock's poor performance, as it has underperformed the market significantly over the past year, with a return of -32.88% compared to the BSE500's -4.38%.
In the broader market context, Satchmo Holdings has shown a negative return of 5.68% over the past week, while the benchmark Sensex has only declined by 0.27%. This stark contrast highlights the stock's struggles relative to the overall market. Despite a recent increase in investor participation, as indicated by a 97.28% rise in delivery volume, the company's weak fundamentals and negative EBITDA signal a risky investment. The combination of these stock-specific factors and the broader market context suggests that Satchmo Holdings is facing significant headwinds, leading to its recent price decline.