Why is Objectone Inform falling/rising?

As of 13-Aug, Objectone Information Systems Ltd is currently priced at 8.91, with no change in price (0.00%). The stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 92.63% compared to the 5-day average. Over the past week, the stock has decreased by 1.11%, and it has experienced a substantial decline of 12.13% over the past month. The company is facing operating losses and has a weak long-term fundamental strength, as evidenced by a poor EBIT to Interest ratio of 0.81 and a low return on equity of 6.71%. Recent negative results, including a significant drop in profit after tax and net sales, further contribute to the stock's underperformance.
In the broader market context, the Sensex has remained relatively stable with a negligible change of -0.01% over the past week. Objectone's performance has been notably poor in comparison, with a year-to-date decline of 15.14% against the Sensex's gain of 3.07%. The stock has also underperformed the BSE500 over the last three years, one year, and three months, highlighting its below-par performance in both the long term and near term. Given these factors, the stock's current trajectory appears to be influenced by its weak financial fundamentals and declining investor interest, which are not aligned with the broader market trends.