Why is One Mobikwik falling/rising?

As of 23-Jul, One Mobikwik Systems Ltd is experiencing a decline in its stock price, currently at Rs 258.75, which represents a decrease of Rs 7.2 or 2.71%. Today's price summary indicates that the stock has underperformed its sector by 3.25% and has fallen after two consecutive days of gains, touching an intraday low of Rs 253.75. The stock's performance over the past week shows a decline of 5.12%, while it has increased by 9.57% over the past month. However, the company has reported negative results for the last two consecutive quarters, with significant operating losses and a drastic fall in net sales and profits, leading to a weak long-term fundamental strength. Additionally, there has been a notable decrease in institutional investor participation, which has likely contributed to the stock's downward pressure.
In the broader market context, the Sensex has shown a slight increase of 0.11% over the past week, contrasting with One Mobikwik's decline. While the stock has underperformed the benchmark significantly in the short term, it has also faced challenges with its fundamentals, as evidenced by a staggering annual decline in operating profit and negative EBITDA. The overall market sentiment appears to be more favorable, as indicated by the Sensex's positive return of 1.01% over the past month, further highlighting the struggles of One Mobikwik in comparison to the broader market trends.