Why is Subex falling/rising?

As of 10-Jul, Subex Ltd's stock price is currently at 14.65, reflecting an increase of 0.24 or 1.67%. The stock has shown a performance today that outperformed its sector by 2.3%. However, despite this short-term gain, the stock has experienced a decline of 6.21% over the past month and a significant drop of 33.23% year-to-date. The company has seen a decrease in investor participation, with delivery volume falling by 8.97% against the 5-day average. While there has been an increase in institutional investor participation, the company is facing challenges such as operating losses, weak long-term fundamental strength, and negative EBITDA, which contribute to its overall risk profile.
In the broader market context, Subex's short-term return of +2.52% over the past week contrasts with the Sensex, which has seen a slight decline of 0.06%. However, the stock's long-term performance remains concerning, as it has underperformed the benchmark significantly over the past year, with a return of -51.75% compared to the Sensex's +4.09%. This consistent underperformance, coupled with negative financial results and weak profitability metrics, suggests that while there may be short-term fluctuations, the overall outlook for Subex remains challenging in the context of the broader market.