Why is Span Divergent falling/rising?

As of 24-Jun, Span Divergent Ltd's stock price is currently at Rs 21.62, reflecting a decline of Rs 1.13 or 4.97%. Today's price summary indicates that the stock has underperformed its sector by 4.36%, with erratic trading patterns noted as it did not trade on one day out of the last 20. The stock touched an intraday low of Rs 21.62 and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 66.6% compared to the 5-day average. The company's financial health is concerning, as it has a negative book value, weak long-term growth, and high debt levels, which have contributed to its poor performance, including a 37.93% decline year-to-date and a 23.33% drop over the past year.
In the broader market context, Span Divergent's short-term performance has been notably worse than the benchmark, with a 9.92% decline over the past week compared to a 0.58% increase in the Sensex. This underperformance is consistent with the company's negative financial results, including a 43.06% decline in net sales and a significant drop in profits, which have fallen by 187% over the past year. The stock's risky profile, characterized by negative EBITDA and poor long-term fundamentals, further exacerbates its challenges in attracting investors, leading to its current downward price movement.