Why is Arigato Universe falling/rising?

As of 22-Aug, Arigato Universe Ltd is experiencing a decline in its stock price, currently at Rs 41.16, which reflects a decrease of Rs 2.04 or 4.72%. The stock has underperformed its sector by 3.59% today and has been on a downward trend, falling for the last two days with a total drop of 9% during this period. Over the past month, the stock has seen a significant decline of 15.26%, while its year-to-date performance shows a staggering drop of 47.90%. The company is also facing operational challenges, as indicated by its negative EBITDA and weak long-term fundamental strength, which includes a poor EBIT to Interest ratio of -0.88 and reported losses that have led to negative returns on capital employed (ROCE).
In the broader market context, the stock's performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has only seen a decline of 1.07% over the past month. While the stock has shown a slight increase of 0.59% over the past week, its overall trajectory remains negative, particularly with a one-year return of -46.03% compared to the market's -2.49%. The recent rise in investor participation, with a significant increase in delivery volume, suggests some interest, but the overall liquidity remains low, indicating that the stock is trading at risky levels compared to its historical valuations.