Why is Arigato Universe falling/rising?

As of 13-Oct, Arigato Universe Ltd is experiencing a decline in its stock price, currently at Rs 39.70, which reflects a decrease of Rs 4.4 or 9.98%. Today's price summary indicates that the stock opened with a significant loss of 10% and reached an intraday low of Rs 39.69. The stock has shown high volatility with an intraday volatility of 5.14% and has underperformed its sector by 9.1%. Over the past year, the stock has generated a return of -55.46%, which is substantially worse than the broader market's negative return of -1.73%. The company is also facing operational losses and has a weak long-term fundamental strength, indicated by a high Debt to EBITDA ratio and negative return on capital employed (ROCE).
In the broader market context, while the Sensex has shown a slight gain of 0.66% over the past week, Arigato Universe's stock has dropped by 8.38% in the same period, highlighting its underperformance relative to the benchmark. This trend is further exacerbated by the company's reported losses and declining profits, which have fallen by 362% over the past year. The stock's trading is considered risky compared to its historical valuations, contributing to the negative sentiment among investors. Despite a rise in delivery volume, the overall outlook remains bleak due to the company's financial struggles and inability to service its debt effectively.