Why is Telogica falling/rising?

As of 15-Jul, Telogica Ltd's stock price is currently at 12.74, reflecting a decrease of 0.25, or 1.92%. The stock has underperformed its sector by 2.7% today, and while it is trading higher than its 20-day, 50-day, and 100-day moving averages, it is lower than its 5-day and 200-day moving averages. The stock has shown a negative return of 2.15% over the past week, contrasting with a significant positive return of 34.11% over the past month. However, the company is facing challenges with a negative book value and a high Debt to EBITDA ratio of -1.00 times, indicating weak long-term fundamental strength. Despite a recent increase in promoter confidence, with a 3.55% rise in their stake, the company has reported losses and negative net worth, which raises concerns for investors.
In the broader market context, Telogica's performance has been notably poor compared to the benchmark, as it has generated a return of -37.85% over the past year, while the Sensex has increased by 2.36%. This stark contrast highlights the stock's underperformance relative to the market. Additionally, the company's falling investor participation, with a 30.38% drop in delivery volume against the 5-day average, further underscores the lack of confidence among investors. Overall, while there are some positive indicators such as rising promoter confidence, the negative financial metrics and recent performance trends suggest that the stock is facing significant headwinds.