Why is Switching Tech. falling/rising?

As of 11-Jul, Switching Technologies Gunther Ltd is experiencing a decline in its stock price, currently at Rs 79.19, reflecting a decrease of Rs 4.16 or 4.99%. The stock has underperformed its sector by 4.29% today and has been on a consecutive downward trend for the last two days, with a total decline of 5.12% during this period. Despite opening with a gain of 4.38% and reaching an intraday high of Rs 87, the stock fell to its current low, indicating volatility. Over the past week, the stock has decreased by 2.23%, and over the past month, it has dropped by 10.01%. The company's negative book value and weak long-term fundamentals, including a significant decline in net sales and operating profit, contribute to the stock's poor performance.
In the broader market context, the Sensex has shown a slight decline of 1.12% over the past week, indicating that the market is also facing challenges, albeit to a lesser extent than Switching Technologies. The stock's performance over the past year has been positive at 2.67%, but this is overshadowed by its recent struggles and negative EBITDA, which suggest that it is trading at risky valuations compared to historical averages. The company's high debt levels and poor growth metrics further exacerbate investor concerns, leading to a cautious outlook for the stock amidst rising investor participation and liquidity.