Why is Matrimony.com falling/rising?

As of 04-Jul, Matrimony.com Ltd's stock price is currently at 518.00, reflecting a decrease of 5.0, or 0.96%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.18% during this period. In the past week, the stock has decreased by 3.25%, while it has shown a modest increase of 3.60% over the past month. However, the stock's year-to-date performance is significantly negative, with a decline of 22.03%. Despite a high management efficiency indicated by a return on equity (ROE) of 17.39% and a low debt-to-equity ratio, the company has faced challenges, including negative results for the last three consecutive quarters and a consistent underperformance against benchmarks over the last three years.
In the broader market context, Matrimony.com has underperformed the Sensex, which has seen a slight decline of 0.74% over the past week, compared to the stock's sharper drop. The stock's performance today also lagged behind its sector by 1.67%. While there has been a rise in investor participation, as indicated by a 26.7% increase in delivery volume, the overall sentiment remains cautious due to the company's poor long-term growth prospects, with net sales and operating profit growth rates of only 4.16% and 1.81%, respectively, over the last five years. This combination of factors contributes to the stock's downward movement, as investors weigh the company's declining profits and negative quarterly results against its relatively attractive valuation compared to peers.