Why is Explicit Finance falling/rising?

As of 24-Jul, Explicit Finance Ltd is experiencing a decline in its stock price, currently at 6.81, reflecting a decrease of 0.31 or 4.35%. The stock has underperformed its sector by 3.61% today and has been on a consecutive fall for the last two days, resulting in a total drop of 9.08% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has significantly decreased, falling by 83.85% against the 5-day average, indicating a lack of investor participation. Despite generating a return of 15.23% over the past year, the company has faced operating losses and a negative EBITDA, contributing to its weak long-term fundamental strength. In the broader market context, the stock's performance over the past week shows a decline of 7.35%, while the benchmark Sensex has only decreased by 0.09%. This stark contrast highlights the stock's underperformance relative to the market. Furthermore, while the company has shown consistent returns over the last three years, its recent financial results indicate a troubling trend, with net sales declining at an annual rate of -1.14% and a significant drop of 40.31% in net sales for the last nine months. These factors collectively suggest that the stock's recent decline is driven by both poor operational performance and a lack of investor confidence.