Why is Onelife Capital falling/rising?

As of 28-Jul, Onelife Capital Advisors Ltd is experiencing a decline in its stock price, currently at 13.35, which reflects a decrease of 0.23 or 1.69%. The stock has underperformed its sector by 0.32% today and has been on a downward trend for the last two days, accumulating a total loss of 4.23%. Over the past week, the stock has shown a slight gain of 1.14%, but it has significantly underperformed over the longer term, with a year-to-date decline of 19.58% and a one-year drop of 20.96%. The company is facing challenges such as operating losses and a weak long-term fundamental strength, with operating profit growth at an alarming rate of -258.07%. Additionally, 28.74% of promoter shares are pledged, which adds further pressure on the stock in a declining market.
In the broader market context, while the Sensex has shown a slight decline of 1.59% over the past week, Onelife Capital's performance has been notably worse, indicating a significant underperformance relative to the benchmark. The stock's negative EBITDA and the substantial fall in profits, which have decreased by 2296% over the past year, contribute to its risky trading status compared to historical valuations. Despite a rise in investor participation, as evidenced by a 237.72% increase in delivery volume, the overall sentiment remains negative due to the company's financial struggles and the high percentage of pledged shares, which are likely exacerbating the stock's downward movement.