Why is Subex falling/rising?

As of 29-Aug, Subex Ltd's stock price is currently at 12.54, reflecting a decrease of 0.14, or 1.1%. The stock has been on a downward trend, having lost 6.42% over the past week and underperformed its sector by 0.42% today. It is trading below all key moving averages, indicating persistent weakness. Over the last year, Subex has experienced a significant decline of 58.53%, and its long-term fundamentals are concerning, with a staggering -173.17% CAGR growth in operating profits over the past five years. Additionally, the company's ability to service its debt is weak, and it has generated a low return on equity of 2.58%. Institutional investor participation has also fallen, with a decrease of 0.97% in their stakes, suggesting a lack of confidence in the company's prospects.
In the broader market context, Subex's performance has been notably worse than the benchmark, with a 1-week return of -5.00% compared to the Sensex's -1.84%. This consistent underperformance against the benchmark over the past three years further highlights the stock's challenges. The company's flat results in June, including a 7.0% decline in net sales, combined with risky trading conditions and negative EBITDA, contribute to the overall negative sentiment surrounding the stock. As a result, the combination of weak fundamentals, declining institutional interest, and poor relative performance has led to the stock's continued decline.