Why is Subex falling/rising?

As of 11-Aug, Subex Ltd's stock price is currently at 12.12, reflecting a decline of 0.32, or 2.57%. The stock has underperformed its sector by 2.87% today and is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 4.72%, and it has seen a significant drop of 44.76% year-to-date. The company's fundamentals are weak, with a staggering -181.59% CAGR growth in operating profits over the last five years and a negative EBIT to interest ratio of -0.10. Additionally, institutional investor participation has fallen, with a decrease of 0.97% in their stakes, suggesting a lack of confidence in the stock's future performance.
In the broader market context, Subex's performance has been notably poor compared to the benchmark, as it has consistently underperformed the BSE500 over the last three years, with a one-year return of -60.31% against the benchmark's positive return of 1.13%. The stock's liquidity is relatively low, with a delivery volume that has decreased by 60.82% compared to the five-day average. This combination of weak financial fundamentals, declining investor interest, and consistent underperformance against market benchmarks contributes to the stock's downward movement.