Why is Matrimony.com falling/rising?

As of 30-Jun, Matrimony.com Ltd is currently priced at Rs 519.10, reflecting a decline of Rs 16.3 or 3.04%. The stock has been underperforming, having lost 5.84% over the last two days and is trading below its 5-day, 20-day, 100-day, and 200-day moving averages. Despite a positive return of 3.35% over the past month, the stock has significantly underperformed the benchmark Sensex, which has gained 2.09% in the same period. The company has also reported negative results for the last three consecutive quarters, contributing to a poor long-term growth outlook, with net sales and operating profit growing at rates of only 4.16% and 1.81% respectively over the past five years. Additionally, while the company has a high return on equity and low debt-to-equity ratio, these positive factors are overshadowed by the consistent underperformance against benchmarks and declining profits.
Broader Market Context: In the broader market context, Matrimony.com’s recent performance contrasts sharply with the Sensex, which has shown a positive return of 2.09% over the past week, while Matrimony.com has declined by 1.09%. The stock's liquidity has also decreased, with a significant drop in delivery volume, indicating reduced investor interest. This lack of participation, combined with the company's negative financial results and poor growth prospects, has led to a bearish sentiment surrounding the stock, contributing to its current downward trajectory.