Why is Siti Networks falling/rising?

As of 25-Sep, Siti Networks Ltd is currently priced at Rs. 0.49, showing no change (0.00%). The stock has hit a new 52-week and all-time low today. Despite this, it has outperformed its sector by 1.02%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has experienced a significant decline over the past year, with a return of -44.94%, and a year-to-date decline of -40.96%. The company is facing challenges, including a negative book value, high debt levels, and a weak long-term growth outlook, which have contributed to investor concerns and the stock's poor performance.
In the broader market context, the Sensex has declined by 2.23% over the past week and 0.58% over the past month, indicating a challenging environment for stocks in general. While Siti Networks has seen a rise in investor participation, with a 35.52% increase in delivery volume compared to the 5-day average, the overall negative sentiment surrounding the company's financial health and performance has overshadowed this positive aspect. The company's weak fundamentals, including a negative EBITDA and reported losses, suggest that it may struggle to attract long-term investment, further impacting its stock price in the current market climate.