Why is Wonderla Holiday falling/rising?

As of 29-Sep, Wonderla Holidays Ltd is experiencing a decline in its stock price, currently at Rs. 564.65, which reflects a decrease of Rs. 49.1 or 8.0%. The stock has hit a new 52-week low of Rs. 558 today and has been on a downward trend, losing 11.92% over the past week and 22.87% year-to-date. The stock has underperformed its sector by 3.39% today and has shown high volatility with an intraday fluctuation of 6.46%. Additionally, the company has reported negative results for the last six consecutive quarters, with a significant drop in profits and a low return on capital employed, contributing to its poor performance.
In the broader market context, the Sensex has only declined by 2.18% over the past week, indicating that Wonderla's performance is significantly worse than the benchmark. While the stock has shown positive long-term growth in operating profit, its recent returns of -35.47% over the past year highlight a concerning trend, especially as it has underperformed the BSE500 index in multiple time frames. The falling investor participation, as indicated by a decrease in delivery volume, further exacerbates the stock's decline, suggesting a lack of confidence among investors in the company's future prospects.