Why is Subex falling/rising?

As of 29-Sep, Subex Ltd's stock price is currently at 11.81, reflecting a decrease of 0.23, or 1.91%. The stock has been on a downward trend, having underperformed its sector by 1.85% today and experiencing a consecutive fall for the last six days, resulting in a total decline of 10.67% during this period. Additionally, Subex has shown significant underperformance against the benchmark, with a one-week return of -8.31% compared to the Sensex's -2.18%. The company's fundamentals are weak, highlighted by a staggering -173.17% CAGR growth in operating profits over the last five years and a low return on equity of 2.58%. Furthermore, the stock is trading below all key moving averages, indicating a bearish trend, and there has been a notable decline in investor participation, particularly from institutional investors.
In the broader market context, Subex's performance has been consistently poor, with a year-to-date return of -46.17% compared to the Sensex's positive 2.85%. This consistent underperformance against the benchmark over the last three years, coupled with a negative EBITDA and weak ability to service debt, has contributed to a lack of investor confidence. The stock's liquidity remains adequate for trading, but the overall sentiment is negative, as evidenced by the falling delivery volume and the decrease in institutional stakes. This combination of weak fundamentals and negative market sentiment has led to the stock's continued decline.