Why is Onelife Capital falling/rising?

As of 26-Jun, Onelife Capital Advisors Ltd is experiencing a decline in its stock price, currently at 13.70, which reflects a decrease of 0.68 or 4.73%. The stock has been underperforming significantly, with a consecutive fall over the last four days resulting in a total drop of 17.91%. In terms of returns, the stock has shown a negative performance of 11.84% over the past week and 17.47% year-to-date, while it has underperformed the sector by 6.06% today. The company's operating losses and weak long-term fundamentals, including a staggering annual decline in operating profit of 258.07%, contribute to the negative sentiment surrounding the stock. Additionally, 28.74% of promoter shares are pledged, which adds downward pressure in a falling market.
In the broader market context, the stock's performance contrasts sharply with the benchmark, as the Sensex has gained 2.94% over the past week and 7.19% year-to-date. This stark difference highlights the stock's struggle, especially given that it has generated a negative return of 21.17% over the past year while the market has seen an overall increase of 4.11%. The falling investor participation, indicated by a 23.98% drop in delivery volume, further exacerbates the situation, suggesting a lack of confidence among investors. Overall, the combination of poor financial performance, high promoter share pledges, and significant underperformance relative to the market are key factors driving the stock's decline.