Why is Suyog Telematics falling/rising?

As of 26-Aug, Suyog Telematics Ltd is experiencing a decline in its stock price, currently at Rs 828.20, which reflects a decrease of Rs 15.0 or 1.78%. The stock has been on a downward trend, losing value for the last three consecutive days and showing a total decline of 4.63% during this period. Additionally, the stock has underperformed significantly over the past month with a drop of 4.70%, and a staggering year-to-date decline of 53.20%. The company's financial health is concerning, with a low return on capital employed (ROCE) of 11.84% and a significant drop in profit after tax (PAT) by 90.10% over the last six months. Furthermore, the stock is trading below all its moving averages, indicating a bearish trend.
In the broader market context, Suyog Telematics has underperformed compared to the benchmark index, with a one-year return of -50.95% against the BSE500's decline of only -3.87%. This stark contrast highlights the company's struggles relative to the market. The telecommunications equipment sector, in which Suyog operates, has also faced challenges, with a sector decline of 2.81%. The falling investor participation, evidenced by a 35.93% drop in delivery volume, further indicates a lack of confidence among investors. Despite the company's ability to service debt, the overall negative sentiment surrounding its growth prospects and poor financial performance has contributed to the stock's recent decline.