Why is Subex falling/rising?

As of 22-Jul, Subex Ltd's stock price is currently at 13.95, reflecting a decrease of 0.07, or 0.5%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 3.59% during this period. In terms of returns, the stock has shown a negative performance of 2.17% over the past week, while it has gained 4.57% over the past month. However, the long-term outlook remains concerning, with a year-to-date decline of 36.42% and a staggering 54.85% drop over the past year. The company's weak fundamentals, highlighted by operating losses and a negative EBIT to interest ratio, contribute to its classification as a strong sell. Additionally, the recent negative quarterly results, including a significant fall in profit after tax and net sales, further exacerbate investor concerns.
In the broader market context, Subex's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has seen a slight decline of 0.47% over the same week. The stock's liquidity appears adequate, with a notable increase in delivery volume, suggesting some investor interest despite the overall negative sentiment. However, the decrease in institutional investor participation, which has fallen by 0.97% in the last quarter, indicates a lack of confidence from more knowledgeable market players. This consistent underperformance against the benchmark over the last three years reinforces the stock's risky profile, making it less attractive to potential investors.