Why is Matrimony.com falling/rising?

As of 08-Sep, Matrimony.com Ltd's stock is currently priced at 507.00, reflecting a decrease of 4.9 points or 0.96%. The stock has experienced a trend reversal, falling after two consecutive days of gains. While it has shown a slight increase of 0.81% over the past week, it has underperformed over the longer term, with a decline of 2.51% in the last month and a significant drop of 36.70% over the past year. The stock's performance today is in line with the sector, and despite a rising delivery volume indicating increased investor participation, it remains below several moving averages, suggesting a lack of strong upward momentum. Positive factors include high management efficiency and a low debt-to-equity ratio, but these are overshadowed by poor long-term growth and negative quarterly results, leading to a cautious outlook.
In the broader market context, Matrimony.com has underperformed against the benchmark, with a year-to-date return of -23.69% compared to the Sensex's gain of 3.39%. This consistent underperformance over the last three years, coupled with negative results in the last four quarters, has contributed to a lack of investor confidence. Although the stock is trading at a fair value compared to its peers, the overall negative sentiment and declining profitability have led to its current downward price movement.