Why is Madhucon Project falling/rising?

As of 20-Aug, Madhucon Projects Ltd is currently priced at 6.46, reflecting a slight increase of 0.01 or 0.16%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 4.36%. However, it is trading below its moving averages across various time frames, indicating a potential weakness in momentum. Additionally, the stock has underperformed significantly over the past week, month, and year, with returns of -1.07%, -10.28%, and -48.24% respectively. The company is facing challenges, including a negative book value, declining net sales, and high debt levels, which contribute to its weak long-term fundamentals and risk profile.
In the broader market context, while the Sensex has gained 1.64% over the past week, Madhucon Projects has lagged behind, highlighting its underperformance relative to the benchmark. The stock's recent gains, although positive, come against a backdrop of declining investor participation, as evidenced by a 27.64% drop in delivery volume. This suggests that while there may be short-term fluctuations, the overall sentiment remains cautious due to the company's ongoing financial struggles and negative results over the last five quarters.