Why is Fusion Finance falling/rising?

As of 10-Nov, Fusion Finance Ltd is experiencing a decline in its stock price, currently at Rs 171.15, which reflects a decrease of Rs 3.0 or 1.72%. The stock has underperformed its sector by 2.26% today, opening with a significant loss of 5.14% and reaching an intraday low of Rs 165.2. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 38.46% compared to the 5-day average. Over the past week, the stock has declined by 8.48%, and its year-to-date performance shows a loss of 1.85%, further highlighting its struggles.
In the broader market context, while the Sensex has shown a slight decline of 0.53% over the past week, Fusion Finance's performance has been significantly worse, indicating a lack of investor confidence. The company has reported weak long-term fundamentals, with an average Return on Equity (ROE) of 0% and a concerning annual operating profit growth rate of -151.71%. The latest financial results reveal a negative PAT of Rs -114.39 crore and a drop in net sales, which are at their lowest. This underperformance is stark when compared to the BSE500, which has generated a positive return of 3.81% over the past year, while Fusion Finance has seen a decline of 14.74%, further solidifying its position as a risky investment.