Why is 63 Moons Tech. falling/rising?

As of 18-Jul, 63 Moons Technologies Ltd is experiencing a decline in its stock price, currently at 1,038.10, reflecting a decrease of 20.85 points or 1.97%. The stock has underperformed its sector by 1.87% today and has been on a consecutive downward trend for the last two days, with a total decline of 5.18%. Despite a strong long-term performance, including a remarkable 209.65% return over the past year, the company has faced significant challenges, such as operating losses and a weak ability to service its debt, which has contributed to its recent price drop. The company has reported negative results for the last four consecutive quarters, with a substantial decline in net sales and profitability, further impacting investor sentiment.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week return of -3.50% compared to the Sensex's -0.90%. While the stock has shown strong returns over longer periods, such as 455.88% over three years and 1324.01% over five years, the recent negative trends in earnings and investor participation may be causing concern among investors. The liquidity of the stock remains adequate, but the lack of domestic mutual fund investment suggests a cautious outlook from institutional investors, which could be influencing the stock's current downward trajectory.