Why is Siti Networks falling/rising?

As of 29-Jul, Siti Networks Ltd is currently priced at 0.56, reflecting a decrease of 0.01 or 1.75%. The stock has recently experienced a trend reversal, falling after 11 consecutive days of gains. Despite this decline, the stock has shown positive performance over the past week and month, with increases of 5.66% and 14.29%, respectively. However, it underperformed its sector today by 2.71%, and there has been a significant drop in investor participation, with delivery volume falling by 54.99% compared to the five-day average. The company faces substantial challenges, including a negative book value, high debt levels, and a weak long-term growth outlook, which have contributed to its recent price movement.
In the broader market context, while Siti Networks has outperformed the Sensex in the short term, the stock's year-to-date performance is notably poor, with a decline of 32.53% compared to a 4.09% increase in the benchmark index. This stark contrast highlights the stock's struggles despite some recent short-term gains. The company's ongoing financial difficulties, including negative EBITDA and a significant debt-to-equity ratio, further exacerbate its risk profile, making it less attractive to investors in the current market environment.