Why is Arigato Universe falling/rising?

As of 30-Jul, Arigato Universe Ltd's stock price is currently at 48.57, showing no change (0.00%). The stock has outperformed its sector by 0.59% today, although it has exhibited erratic trading, not trading on 3 out of the last 20 days. The stock's performance over the past week is flat at +0.00%, while it has seen a significant decline of -11.42% over the past month and a staggering -38.52% year-to-date. The company is facing challenges, including operating losses and a weak ability to service its debt, reflected in a poor EBIT to Interest ratio of -0.88. Additionally, the stock has reported negative ROCE and a risky negative EBITDA, contributing to its overall weak long-term fundamental strength.
In the broader market context, the stock has underperformed the benchmark, with a one-year return of -37.73% compared to the Sensex's minimal gain of +0.03%. Despite the market's negative returns of -2.34% over the past year, Arigato Universe's decline has been significantly steeper, indicating a lack of investor confidence. The falling investor participation, highlighted by a drastic drop in delivery volume, further underscores the stock's liquidity issues and the overall negative sentiment surrounding it.