Why is Arigato Universe falling/rising?

As of 10-Jul, Arigato Universe Ltd is experiencing a decline in its stock price, currently at 47.64, reflecting a decrease of 0.97 or 2.0%. The stock has been underperforming significantly, having fallen consecutively for the last seven days, resulting in a total decline of 13.11% during this period. Additionally, the stock has shown poor performance over various time frames, with a year-to-date drop of 39.70% and a one-year decline of 37.98%. 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. The stock is also trading lower than all key moving averages, which further suggests a bearish trend.
In the broader market context, Arigato Universe's performance has been notably worse than the benchmark, with the Sensex showing a slight increase of 0.97% over the past month while the stock has declined by 14.12%. This stark contrast highlights the stock's underperformance relative to the market. Despite a rise in investor participation, as evidenced by a significant increase in delivery volume, the overall sentiment remains negative due to the company's weak ability to service its debt and the reported losses. Consequently, the stock is viewed as risky, and its historical valuations suggest it is trading at a disadvantage compared to its peers.