Why is Millen. Online falling/rising?

As of 11-Jul, Millennium Online Solutions (India) Ltd is currently priced at 2.00, reflecting a rise of 0.01 or 0.5%. Despite this slight increase today, the stock has shown a significant decline over the past week, down 6.10%, and a notable year-to-date drop of 22.78%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. However, there has been a rise in investor participation, with delivery volume increasing by 127.85% against the 5-day average. The company faces challenges, including operating losses and weak long-term fundamentals, with net sales declining at an annual rate of 37.70%. This combination of factors contributes to a generally negative outlook for the stock.
In the broader market context, while Millennium Online Solutions has outperformed its sector by 1.42% today, it has significantly underperformed the benchmark Sensex over various periods, including a 1-year return of -19.68% compared to the Sensex's 3.26%. This underperformance is further highlighted by the stock's negative EBITDA and the fact that it has lagged behind the BSE500 over the last three years, one year, and three months. The overall market sentiment appears cautious given the company's poor long-term growth prospects and the risks associated with its current valuation.