Why is Matrimony.com falling/rising?

As of 04-Sep, Matrimony.com Ltd's stock is currently priced at 508.10, reflecting a slight increase of 0.2 (0.04%). Today's performance indicates that the stock has outperformed its sector by 0.84%, although it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 1.14%, and it has experienced a significant drop of 36.60% over the past year. Despite a high 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 four consecutive quarters and a consistent underperformance against benchmarks. The stock's profits have fallen by 19.5%, contributing to its overall decline.
In the broader market context, the Sensex has increased by 0.80% over the past week, contrasting with Matrimony.com's 1.14% decline. This underperformance is further highlighted by the stock's year-to-date return of -23.52% compared to the Sensex's positive return of 3.30%. The company's consistent underperformance over the last three years, coupled with a poor long-term growth outlook, has likely influenced investor sentiment negatively. Additionally, falling investor participation, as indicated by a 37.14% drop in delivery volume, suggests a lack of confidence among retail investors, which may further exacerbate the stock's challenges in the current market environment.