Why is Azad India falling/rising?

As of 02-Jul, Azad India Mobility Ltd's stock price is currently at 138.50, reflecting a decrease of 0.25, or 0.18%. The stock has been on a downward trend, having fallen consecutively for the last five days, resulting in a total decline of 4.02% over that period. While the stock is trading higher than its 100-day moving average, it remains below its 5-day, 20-day, 50-day, and 200-day moving averages. Additionally, despite a recent increase in delivery volume, which rose by 113.2% against the 5-day average, the stock has underperformed significantly over the past year, generating a return of -17.34% compared to the market's positive return of 3.11%. The company's flat results in March and negative EBITDA further contribute to its perception as a risky investment.
In the broader market context, the stock's performance has been notably weaker than the benchmark, as it has underperformed the Sensex, which has gained 0.79% over the past week and 2.50% over the past month. This stark contrast highlights the challenges faced by Azad India Mobility Ltd, particularly in light of its negative returns over the last year and the overall market's positive trajectory. The combination of these factors indicates a lack of investor confidence, which is reflected in the stock's recent price movement.