Why is Matrimony.com falling/rising?

As of 10-Sep, Matrimony.com Ltd's stock price is currently at 503.05, reflecting a decrease of -0.75 or -0.15%. The stock has been underperforming, having fallen for the last three days with a total decline of -1.73% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past year, the stock has generated a return of -36.55%, significantly underperforming against the benchmark, which has seen a decline of only -0.61%. The company's financial health is concerning, with negative results reported for the last four consecutive quarters and a decline in profits by -19.5%. Although it has high management efficiency and a low debt-to-equity ratio, these positive factors are overshadowed by poor long-term growth and consistent underperformance.
In the broader market context, Matrimony.com has not only lagged behind the Sensex, which has gained +1.06% over the past week, but it has also shown a significant decline in investor participation, with delivery volume dropping by -51.98% against the 5-day average. The IT - Software sector has gained by +2.53%, further highlighting the stock's struggles. The stock's performance over the last three years has been particularly poor, with a return of -27.57%, contrasting sharply with the benchmark's +36.18% return. This consistent underperformance against the market and the sector contributes to the negative sentiment surrounding Matrimony.com, leading to its current downward price movement.