Why is Madhusudan Inds. falling/rising?

As of 17-Sep, Madhusudan Industries Ltd is experiencing a decline in its stock price, currently at Rs 41.50, which reflects a decrease of Rs 1.5 or 3.49%. Today's price summary indicates that the stock underperformed its sector by 4.02% and opened with a loss of 2.19%. The stock has shown high volatility, trading in a wide range of Rs 4.67, with a significant intraday low of Rs 41.33. Over the past week, the stock has fallen by 1.19%, and it has also underperformed in the longer term, with a year-to-date decline of 27.19% and a one-year return of -31.11%. The company's weak long-term fundamental strength, characterized by a low CAGR growth in operating profits and a negative EBIT to interest ratio, contributes to the stock's downward movement.
In the broader market context, while the Sensex has shown a positive return of 1.56% over the past week, Madhusudan Industries Ltd has not only declined but has also significantly underperformed the market over the last year, where the benchmark generated negative returns of -2.63%. This stark contrast highlights the challenges faced by the company, including a negative EBITDA and reliance on non-operating income, which constitutes a significant portion of its profit before tax. The stock's recent performance, combined with its weak financial fundamentals and high volatility, suggests a challenging environment for investors, reinforcing the perception of the stock as a strong sell.