Why is 63 Moons Tech. falling/rising?

As of 20-Jun, 63 Moons Technologies Ltd is experiencing a decline in its stock price, currently at 862.70, which reflects a decrease of 8.35 points or 0.96%. The stock has underperformed its sector by 1.62% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 7.63% during this period. Despite a strong long-term performance with a 128.17% return over the past year, the company has faced significant challenges, including operating losses and negative results for the last four consecutive quarters. The company's weak fundamentals are highlighted by a poor EBIT to Interest ratio of -96.21 and a low return on equity of 1.46%, indicating low profitability.
In the broader market context, the stock's short-term performance has been notably poor compared to the benchmark, with a 1-week return of -6.51% against a positive return of 1.59% for the Sensex. This stark contrast suggests that while the stock has historically outperformed in the long term, its recent struggles are causing concern among investors. Additionally, the falling investor participation, as evidenced by a decrease in delivery volume, further indicates a lack of confidence in the stock's current valuation, which may be contributing to its downward price movement.