Why is Arigato Universe falling/rising?

As of 26-Jun, Arigato Universe Ltd is experiencing a decline in its stock price, currently at Rs 55.93, which reflects a decrease of Rs 1.13 or 1.98%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5.84% over the past week. Today's trading saw the stock open with a loss of 2%, reaching an intraday low of Rs 55.92. Additionally, the stock has shown a significant underperformance compared to the broader market, with a year-to-date decline of 29.20% and a one-year drop of 39.94%. The company's financial health is concerning, as it has reported operating losses and a negative return on capital employed (ROCE), indicating weak long-term fundamental strength.
In the broader market context, the stock's performance has been notably poor compared to the Sensex, which has gained 2.94% over the past week and 7.19% year-to-date. While the market has shown positive returns, Arigato Universe has struggled significantly, highlighting its inability to keep pace with market trends. The company's weak EBIT to interest ratio of -0.88 and negative EBITDA further exacerbate its risk profile, making it a risky investment compared to historical valuations. This combination of poor performance, weak financial indicators, and declining investor participation suggests that the stock's downward trajectory is likely to continue in the near term.