Why is Shyam Telecom falling/rising?

As of 24-Jun, Shyam Telecom Ltd is experiencing a decline in its stock price, currently at 15.98, reflecting a decrease of 0.84 or 4.99%. The stock has underperformed its sector by 4.68% today and has been on a downward trend for the last three days, accumulating a total loss of 14.22% during this period. In terms of returns, the stock has shown a negative performance of 5.50% over the past week and a year-to-date decline of 15.45%. The company faces significant challenges, including a negative book value and weak long-term growth, as evidenced by a 100% annual decline in net sales over the last five years. Additionally, the stock's high debt levels and negative EBITDA contribute to its risky trading status, further impacting investor confidence.
In the broader market context, Shyam Telecom's recent performance contrasts sharply with the Sensex, which has gained 0.58% over the past week. While the stock has shown some positive movement over the past month with a 19.52% increase, its longer-term performance remains concerning, with a 6.06% decline over the past year compared to the Sensex's 6.10% gain. The falling investor participation, indicated by a 47.13% drop in delivery volume, suggests a lack of confidence among traders, which may be exacerbating the stock's decline. Overall, the combination of poor financial fundamentals and negative market sentiment is driving the stock's current downward trajectory.