Why is One Mobikwik falling/rising?

As of 21-Aug, One Mobikwik Systems Ltd is experiencing a decline in its stock price, currently at Rs 228.95, which reflects a decrease of 1.05 or 0.46%. The stock has underperformed its sector today by 0.47% and is close to its 52-week low, being only 2.47% away from Rs 223.3. Over the past week, the stock has shown a modest gain of 1.55%, but it has significantly underperformed over the past month with a decline of 13.54%. The company has reported negative results for the last three consecutive quarters, with operating losses and a weak long-term fundamental strength, which has contributed to the stock's downward movement. Additionally, while institutional investor participation has increased, the overall financial performance remains concerning, with a drastic fall in profits.
In the broader market context, the Sensex has increased by 1.74% over the past week, indicating that One Mobikwik's short-term performance is lagging behind the benchmark. The stock's year-to-date performance is particularly troubling, showing a decline of 60.99% compared to a modest gain of 4.94% for the Sensex. This stark contrast highlights the challenges faced by One Mobikwik in a generally positive market environment, further exacerbated by its weak financial results and the risk associated with its negative EBITDA.