Why is Starcom Info. falling/rising?

As of 04-Jul, Starcom Information Technology Ltd's stock is currently priced at 54.75, reflecting a slight increase of 0.05 or 0.09%. The stock has been gaining over the last two days, with a total return of 0.46% during this period. However, it has underperformed its sector by 0.62% today. Over the past week, the stock has declined by 2.21%, while it has shown a modest increase of 2.34% over the last month. Despite this recent uptick, the stock's long-term performance remains concerning, with a year-to-date decline of 52.39% and a negative book value indicating weak fundamental strength. Additionally, the promoters have reduced their stake by 9.21%, which may signal a lack of confidence in the company's future prospects.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has underperformed the Sensex, which has gained 3.01% over the past month. The stock's liquidity appears adequate, with a notable increase in delivery volume, suggesting rising investor participation. However, the overall picture remains bleak due to the company's high debt levels, negative EBITDA, and poor long-term growth metrics, which contribute to its classification as a strong sell. The consistent underperformance against the benchmark over the last three years further emphasizes the challenges the stock faces in regaining investor confidence.