Why is Oasis Securities falling/rising?

As of 07-Jul, Oasis Securities Ltd is experiencing a decline in its stock price, currently at Rs 23.08, which represents a decrease of 1.07 (-4.43%). The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 13.53%. Despite opening with a gain of 2.24% today and reaching an intraday high of Rs 25, it ultimately touched a low of Rs 23. The stock's performance over the past week shows a decrease of 5.80%, and it has significantly underperformed the benchmark Sensex, which has only declined by 0.20%. Additionally, while the stock has shown strong returns over the past three years, its recent operating losses and a drop in profits by 25.5% have raised concerns about its long-term fundamental strength, leading to a perception of it being a strong sell.
In the broader market context, Oasis Securities' recent performance contrasts sharply with the Sensex, which has gained 1.53% over the past month and 6.79% year-to-date. The stock's year-to-date decline of 38.70% further highlights its struggles compared to the benchmark's positive performance. Although there has been a rise in investor participation, as indicated by a 7.41% increase in delivery volume, the overall sentiment remains negative due to the company's weak fundamentals and high valuation relative to its peers. This combination of factors contributes to the stock's current downward trajectory amidst a generally more stable market environment.