Why is Subex falling/rising?

As of 24-Jul, Subex Ltd's stock price is currently at 14.00, reflecting a decrease of 0.01, or 0.07%. The stock has shown a performance today that outperformed its sector by 1.44%. However, it has been underperforming in the longer term, with a year-to-date decline of 36.19% and a staggering 57.84% drop over the past year. The company is facing significant challenges, including operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -0.10. Additionally, the recent financial results have shown a negative PAT and declining net sales, which contribute to its classification as a strong sell. Institutional investor participation is also falling, with a decrease of 0.97% in their stakes, suggesting a lack of confidence in the company's fundamentals.
In the broader market context, Subex's short-term performance has been relatively better compared to the benchmark, as it outperformed the Sensex by 1.44% today. However, over the longer term, the stock has consistently underperformed against the benchmark, with a 57.84% decline in the past year compared to the Sensex's 5.18% increase. This consistent underperformance, combined with the company's weak financial health and declining investor confidence, paints a concerning picture for Subex's future prospects.