Why is Arigato Universe falling/rising?

As of 09-Jul, Arigato Universe Ltd is experiencing a decline in its stock price, currently at 48.61, which reflects a decrease of 0.97 or 1.96%. The stock has been underperforming significantly, having fallen for six consecutive days, resulting in a total decline of 11.34% during this period. Furthermore, the stock has shown poor performance over various time frames, with a year-to-date decline of 38.47% and a one-year drop of 39.88%. 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. Additionally, the stock is trading below all its moving averages, which suggests a bearish trend.
In the broader market context, the stock's performance has been notably worse than the benchmark, with the Sensex showing a slight gain of 0.15% over the past week while Arigato Universe has dropped by 9.55%. The company has also underperformed the market significantly over the last year, where the BSE500 index has generated a return of 1.43%. Despite a rise in investor participation, as indicated by a 212.68% increase in delivery volume, the overall sentiment remains negative due to the company's weak financial metrics and ongoing losses. This combination of factors contributes to the stock's downward trajectory in the market.