Why is Virgo Global falling/rising?

As of 14-Jul, Virgo Global Ltd's stock price is currently at 6.20, reflecting a decrease of 0.1, or 1.59%. The stock has shown a performance of +3.33% over the past week and +25.76% over the past month, indicating some recent positive momentum. However, it has underperformed the sector today by 0.56%. Despite being higher than the 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average. The company faces significant challenges, including a weak long-term fundamental strength with a -13.65% CAGR growth in operating profits over the last five years and a negative EBITDA, which contributes to its classification as a strong sell. Additionally, the stock has generated a return of -30.34% over the past year, with profits declining by 113%, indicating a troubling financial outlook.
In the broader market context, the Sensex has shown a decline of 1.42% over the past week, while Virgo Global's short-term performance has outpaced this benchmark. However, the stock's year-to-date performance is down by 15.99%, contrasting with the Sensex's gain of 5.27%. This disparity highlights the stock's struggles relative to the overall market. The majority of shareholders being non-institutional may also contribute to the stock's volatility and perceived risk, as institutional backing often provides more stability. Overall, the combination of weak fundamentals, negative profitability trends, and underperformance relative to broader market indices suggests that the stock's recent decline is driven by both internal financial issues and external market conditions.