Why is Suvidhaa Info. falling/rising?

As of 23-Sep, Suvidhaa Infoserve Ltd is experiencing a decline in its stock price, currently at 4.09, which reflects a decrease of 0.04 or 0.97%. The stock has underperformed its sector today by 0.38% and has been on a consecutive downward trend for the last two days, resulting in a total drop of 2.15% during this period. Additionally, the stock has shown significant underperformance over various time frames, with a year-to-date decline of 39.14% and a one-year return of -24.95%. The company is facing operational challenges, including an annual net sales growth rate of -44.81% and a negative EBITDA, which contribute to its weak long-term fundamental strength. Furthermore, the delivery volume has decreased by 40.62% compared to the five-day average, indicating falling investor participation.
In the broader market context, Suvidhaa Infoserve's short-term performance has been slightly better than the benchmark, with a one-week return of -0.24% compared to the Sensex's -0.34%. However, the company's consistent underperformance against the benchmark over the last three years, coupled with its weak financial metrics, suggests a challenging environment for the stock. The liquidity of the stock remains adequate for trading, but the overall sentiment is negative due to the company's operational losses and poor ability to service its debt. This combination of factors is contributing to the stock's decline.