Why is SecureKloud Tech falling/rising?

As of 29-Aug, SecureKloud Technologies Ltd is experiencing a decline in its stock price, currently at 24.13, which reflects a decrease of 0.83 or 3.33%. The stock has underperformed its sector by 2.65% today and has seen a trend reversal after three consecutive days of gains. Additionally, the stock's performance over the past week shows a return of +7.01%, while it has underperformed the benchmark Sensex over the last year with a return of -31.91%. The company is facing significant challenges, including high debt levels and weak long-term fundamentals, as evidenced by a negative EBITDA and a debt-to-equity ratio of 3.04 times. Furthermore, the company's net sales have declined sharply, and its operating profit has seen a drastic drop, contributing to investor concerns.
Broader Market Context: In the context of the broader market, SecureKloud's recent performance contrasts with the Sensex, which has shown a positive return of 2.14% year-to-date. The stock's liquidity appears adequate for trading, but a significant drop in delivery volume indicates falling investor participation, which may further pressure the stock price. The consistent underperformance against the benchmark over the last three years, coupled with the company's poor financial health, suggests that investors are cautious, leading to the current decline in stock value.