Why is Ola Electric falling/rising?

As of 27-Oct, Ola Electric Mobility Ltd's stock is currently priced at Rs 51.75, reflecting a decline of Rs 1.1 or 2.08%. The stock has been underperforming, having fallen consecutively for the last two days with a total drop of 3.58%. It opened the day with a loss of 2.55% and reached an intraday low of Rs 50.26, indicating significant selling pressure. Over the past week, the stock has decreased by 5.57%, and year-to-date, it has plummeted by 39.65%. Despite a slight increase in institutional investor participation, which rose by 2.69% in the last quarter, the company is facing severe operational challenges, including negative earnings and a weak ability to service its debt, leading to a negative EBITDA. The stock's long-term growth prospects appear poor, with operating profits declining at an annual rate of 38.66% over the past five years. Broader market context shows that while the Sensex has gained 0.49% over the past week, Ola Electric's performance has been significantly worse, underlining its struggle in the market. The stock has underperformed the broader market considerably, with a year-on-year return of -33.07% compared to the market's 6.77% gain. This stark contrast highlights the company's ongoing difficulties and the lack of investor confidence, contributing to its current downward price movement. The liquidity of the stock remains adequate for trading, but the overall sentiment is negative due to the company's financial instability and poor historical performance.