Why is Wonderla Holiday falling/rising?

As of 12-Aug, Wonderla Holidays Ltd's stock price is currently at Rs. 590.00, reflecting an increase of Rs. 2.2 or 0.37%. Despite this slight uptick, the stock has faced significant challenges, including a new 52-week low of Rs. 581 hit today. The stock has underperformed in the short term, with a 1-week return of -4.76% and a 1-month return of -7.88%. Additionally, the company has reported negative results for the last six consecutive quarters, with a decline in profits and a low return on equity, contributing to a perception of an expensive valuation compared to its peers. The stock is also trading below all major moving averages, indicating a bearish trend, and has seen a notable drop in investor participation, with delivery volume falling by 33.83% against the 5-day average.
In the broader market context, while the Sensex has only declined by 0.59% over the past week, Wonderla's performance has been significantly worse, highlighting its struggles relative to the benchmark. The stock's year-to-date performance is particularly concerning, showing a decline of 19.41%, while the Sensex has gained 2.68% in the same period. This stark contrast underscores the challenges Wonderla faces, including its low operating cash flow and declining profitability, which have led to a negative sentiment among investors, despite the company's healthy long-term growth in operating profit.