Why is One Mobikwik falling/rising?

As of 25-Sep, One Mobikwik Systems Ltd is experiencing a decline in its stock price, currently at Rs 262.65, which represents a decrease of Rs 14.3 or 5.16%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 10.88% during this period. Additionally, the stock's performance over the past week shows a significant drop of 12.99%, while it has seen a modest increase of 15.63% over the past month. However, 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. The increase in institutional investor participation, which has risen by 3.37% over the previous quarter, may provide some support, but the overall negative sentiment surrounding the company's financial performance is weighing heavily on the stock.
In the broader market context, the stock's recent performance has been notably worse than the benchmark Sensex, which has only declined by 2.23% over the same week. The liquidity of the stock remains adequate, but a significant drop in delivery volume by 24.24% against the five-day average indicates a decrease in investor interest. While the stock is trading above its 50-day and 100-day moving averages, it is below its 5-day, 20-day, and 200-day moving averages, suggesting a bearish trend. The combination of poor financial results, declining investor participation, and underperformance relative to the benchmark is contributing to the stock's current downward trajectory.