Why is Objectone Inform falling/rising?

As of 25-Aug, Objectone Information Systems Ltd is experiencing a decline in its stock price, currently at 9.24, which reflects a decrease of 0.32 or 3.35%. The stock has been underperforming significantly, having fallen for the last four consecutive days, resulting in a total decline of 6.19% during this period. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. Over the past week, the stock has decreased by 0.11%, and its performance over the last month shows a decline of 5.52%. The company has reported negative operating profits, with significant losses in both profit before tax and profit after tax compared to previous quarters, contributing to a weak long-term fundamental strength. The majority of shareholders are non-institutional, which may also affect market confidence.
In the broader market context, the benchmark Sensex has shown a positive return of 0.45% over the past week, contrasting sharply with Objectone's recent performance. The IT - Software sector has gained by 2.37%, further highlighting the stock's underperformance relative to its peers. The company's liquidity appears to be declining, with a significant drop in delivery volume, which has fallen by 67.27% against the five-day average. This lack of investor participation, combined with the company's weak financial metrics, including a poor EBIT to interest ratio and low return on equity, suggests that the stock is viewed as a risky investment, leading to its continued decline.