Why is Span Divergent falling/rising?

As of 01-Aug, Span Divergent Ltd's stock price is currently at Rs 19.92, reflecting a decline of Rs 1.04 or 4.96%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 9.25% during this period. It is trading below all its moving averages, indicating a bearish trend. Additionally, the stock's delivery volume has significantly decreased, falling by 74.83% against its 5-day average, suggesting a decline in investor interest. The company's financial health is concerning, with a negative book value and weak long-term growth, as evidenced by a 43.06% decline in net sales and a 187% drop in profits over the past year.
In the broader market context, Span Divergent's performance has been notably poor compared to the benchmark, with a year-to-date return of -42.81% against the Sensex's gain of 3.15%. Over the past week, the stock has dropped by 8.83%, while the Sensex has only decreased by 1.06%. This stark contrast highlights the stock's significant underperformance not just in the long term but also in the short term relative to the market. Overall, the combination of negative financial results, declining investor participation, and poor relative performance against the benchmark contributes to the stock's downward trajectory.