Why is Span Divergent falling/rising?

As of 25-Jul, Span Divergent Ltd's stock price is currently flat at 21.85, with no change in percentage terms. The stock has underperformed its sector by 0.89% today and is trading below all key moving averages, indicating a bearish trend. Additionally, investor participation has declined significantly, with delivery volume dropping by 43.99% compared to the 5-day average. The company has reported negative financial results, including a 43.06% decline in net sales and a negative EBITDA, which reflects its weak long-term fundamental strength. The stock's performance over the past year shows a substantial decline of 29.58%, and it has consistently underperformed against the BSE500 index over various time frames.
In the broader market context, while the Sensex has shown a slight decline of 0.36% over the past week, Span Divergent's stock has experienced a more significant drop of 7.45% in the same period. This stark contrast highlights the company's struggles relative to the overall market. The long-term outlook remains concerning due to the company's negative book value, high debt levels, and poor growth metrics, which contribute to its classification as a strong sell. Overall, the combination of weak financial performance, declining investor interest, and underperformance against market benchmarks suggests that Span Divergent Ltd is facing significant challenges that are impacting its stock price negatively.