Why is Swiggy falling/rising?

As of 31-Jul, Swiggy Ltd's stock price is currently at 403.80, reflecting an increase of 1.8 or 0.45%. The stock has outperformed its sector by 1.05% today, although it has shown a decline of 3.64% over the past week and a modest gain of 2.59% over the past month. Despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. The stock has experienced a decrease in investor participation, with delivery volume falling by 13.2% compared to the 5-day average. Additionally, while institutional holdings are relatively high at 20.91% and have increased by 7.74% over the previous quarter, the company faces significant challenges, including operating losses and a weak ability to service its debt, which negatively impacts its long-term fundamental strength.
In the broader market context, Swiggy's short-term performance has been less favorable compared to the benchmark Sensex, which has only declined by 1.22% over the past week. The stock's year-to-date performance shows a significant drop of 25.31%, contrasting sharply with the Sensex's gain of 3.90%. The company's financial struggles, highlighted by a negative EBITDA and a poor EBIT to interest ratio, contribute to its risk profile, making it less attractive to investors despite some positive movements in the short term. Overall, while there are some positive indicators such as institutional interest, the underlying financial issues and recent performance trends suggest a cautious outlook for Swiggy's stock.