Why is Route Mobile falling/rising?

As of 25-Jul, Route Mobile Ltd's stock is currently priced at 925.75, reflecting a decrease of 6.1 points or 0.65%. The stock has been on a downward trend, having fallen for the last six consecutive days, resulting in a total decline of 8.49% during this period. In the past week, Route Mobile has underperformed the benchmark Sensex, with a return of -3.64% compared to the Sensex's -0.36%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The recent financial results have not been favorable, with a significant drop in profit after tax and net sales, contributing to a negative sentiment among investors. Furthermore, there has been a notable decrease in institutional investor participation, which may signal a lack of confidence in the stock's future performance.
In the broader market context, Route Mobile's performance has been consistently poor compared to the benchmark over the last three years, with a staggering -46.55% return in the past year against the Sensex's modest gain of 1.78%. This underperformance is compounded by a decline in delivery volume, which has dropped by 62.42% against the 5-day average, reflecting reduced investor interest. While the company does exhibit some positive factors, such as high management efficiency and healthy long-term growth rates, these have not been sufficient to offset the negative impacts of recent financial results and declining institutional support. Overall, the combination of these factors has led to a continued decline in the stock's price.