Why is Onelife Capital falling/rising?

As of 13-Aug, Onelife Capital Advisors Ltd is experiencing a price increase, currently at 13.10, with a change of 0.6, representing a 4.8% rise. Today's performance indicates that the stock has outperformed its sector by 3.89%. However, despite this short-term gain, the stock has shown a negative trend over the past month with a decline of 6.70% and a year-to-date drop of 21.08%. The stock is currently trading above its 5-day and 100-day moving averages but below its 20-day, 50-day, and 200-day moving averages. Additionally, there has been a significant decrease in investor participation, with delivery volume falling by 52.87% compared to the 5-day average. Positive results from June 25, showing a higher profit after tax of Rs 3.22 crore, contrast sharply with the company's long-term challenges, including operating losses and a negative EBITDA, which contribute to its weak fundamental strength.
Broader market context shows that while Onelife Capital has outperformed the sector in the short term, it has underperformed the broader market over the past year, with a return of -21.32% compared to the BSE500's -0.64%. The company's poor long-term growth, indicated by a net sales decline of -5.03% and a staggering operating profit drop of -278.12%, raises concerns among investors. Furthermore, the pledge of 28.74% of promoter shares adds to the stock's risk, particularly in a declining market. Overall, while the recent price increase may reflect short-term trading activity, the underlying fundamentals suggest significant challenges ahead for Onelife Capital Advisors Ltd.