Why is SecureKloud Tech falling/rising?

As of 02-Sep, SecureKloud Technologies Ltd is experiencing a decline in its stock price, currently at 23.50, which reflects a decrease of 0.78 or 3.21%. The stock has underperformed its sector by 3.28% today and is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has fallen by 5.81%, and its year-to-date performance shows a significant decline of 23.53%. The company has also reported a concerning drop in investor participation, with delivery volume falling by 58.07% against the five-day average. Additionally, the company is characterized by high debt levels and weak long-term fundamentals, as evidenced by negative growth in net sales and operating profit over the past five years.
In the broader market context, SecureKloud Technologies has consistently underperformed against the benchmark, with a one-year return of -35.14% compared to a slight gain of 2.58% for the Sensex. This trend of underperformance has been evident over the last three years, where the stock has generated negative returns while the benchmark has seen positive growth. The company's financial struggles, including a negative EBITDA and a high debt-to-equity ratio, further contribute to its declining stock price, making it a risky investment in the current market environment.