Why is OnMobile Global falling/rising?

As of 28-Aug, OnMobile Global Ltd's stock price is currently at 50.35, reflecting a decline of 0.28, or 0.55%. The stock has been experiencing a consecutive fall over the last four days, resulting in a total return of -6.13% in the past week. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has decreased significantly, falling by 43.24% against the 5-day average, which suggests a decline in investor participation. While the company reported positive results in net sales and profit after tax, the long-term outlook remains concerning due to a drastic decline in operating profit over the past five years and a lack of confidence from domestic mutual funds, which hold no stake in the company.
In the broader market context, OnMobile Global's performance has been notably weaker compared to the benchmark, with a year-to-date return of -24.54% against the Sensex's positive return of 2.48%. The stock has consistently underperformed against the benchmark over the last three years, further highlighting its struggles. Despite some positive short-term financial indicators, the overall sentiment remains negative due to the company's poor long-term growth prospects and the risk associated with its operating profits. This combination of factors contributes to the stock's downward movement in the current market environment.