Why is One Mobikwik falling/rising?

As of 22-Sep, One Mobikwik Systems Ltd's stock price is currently at 294.70, reflecting an increase of 0.8, or 0.27%. The stock's performance today is in line with its sector, and it is trading higher than the 20-day, 50-day, and 100-day moving averages, although it is lower than the 5-day and 200-day moving averages. Despite this slight uptick, the stock has experienced a significant decline of 6.64% over the past week and a staggering 49.79% year-to-date. The company has faced operational challenges, including negative results for the last three consecutive quarters, with substantial losses in profit before tax and net sales. However, there has been an increase in institutional investor participation, which may provide some support to the stock.
In the broader market context, the Sensex has shown a modest gain of 0.46% over the past week and a 5.15% increase year-to-date, indicating that the stock's recent decline is not reflective of the overall market trend. The stock's liquidity remains adequate for trading, but the significant drop in delivery volume suggests a decrease in investor interest. The company's weak long-term fundamentals, characterized by declining operating profits and negative EBITDA, contribute to a risky investment profile, which may deter retail investors despite the recent uptick in institutional stakes.