Why is XPRO India falling/rising?

As of 07-Nov, XPRO India Ltd's stock price is currently at 1,046.70, reflecting a decline of 62.85 points or 5.66%. The stock has underperformed its sector by 5.54% today and has experienced a trend reversal after two consecutive days of gains. It touched an intraday low of Rs 1,040.5, indicating a drop of 6.22%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has shown poor long-term growth, with net sales increasing at an annual rate of only 13.75% over the last five years, and it has reported negative results for the last five consecutive quarters, including a significant drop in profits. The low debt-to-EBITDA ratio of 0.84 suggests a strong ability to service debt, but the overall financial performance, including a return on equity of 0.2 and a price-to-book value of 0.4, indicates an expensive valuation compared to peers.
In the broader market context, XPRO India's short-term performance has been notably weak, with a 4.83% decline over the past week, contrasting sharply with the Sensex, which has only decreased by 0.86% during the same period. The stock's year-to-date performance shows a substantial decline of 29.28%, while the Sensex has gained 6.50%. This underperformance is further highlighted by the fact that domestic mutual funds hold only 1.33% of the company, suggesting a lack of confidence in its valuation or business prospects. Overall, the combination of poor financial results, declining investor participation, and a significant drop in stock price contributes to the negative sentiment surrounding XPRO India Ltd.