Why is Cian Healthcare falling/rising?

As of 24-Jul, Cian Healthcare Ltd's stock price is currently at 3.54, reflecting a decrease of 0.06 or 1.67%. The stock has been underperforming significantly, having fallen for the last seven consecutive days, resulting in a total decline of 10.61% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 12.09% compared to the 5-day average, suggesting a decline in investor participation. Over the past year, the stock has plummeted by 83.34%, contrasting sharply with the Sensex, which has gained 2.54% during the same timeframe.
In the broader market context, Cian Healthcare's short-term performance has been notably poor compared to the benchmark, as it has declined by 7.57% over the past week while the Sensex has only decreased by 0.09%. This stark contrast highlights the stock's struggles relative to the overall market. The lack of available positive factors further exacerbates the situation, as there are no indications of potential catalysts that could reverse the current downward trend. Overall, the combination of sustained losses, declining investor interest, and poor relative performance against the benchmark contributes to the stock's ongoing decline.