Why is Mah. Corporation falling/rising?

As of 23-Jul, Maharashtra Corporation Ltd's stock price is currently at 0.45, reflecting a decrease of 0.01 or 2.17%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in an overall decline of 8.16% in the past week. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The company is facing significant challenges, including operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of 0.19. Additionally, the company reported negative quarterly results, with a PAT of Rs -0.74 crore, which has contributed to a return on equity of only 0.60%, signifying low profitability.
In the broader market context, the Sensex has shown a slight gain of 0.11% over the past week, contrasting sharply with Maharashtra Corporation's decline. While the benchmark has performed positively, the stock's year-to-date performance is notably poor, with a drop of 43.75% compared to the Sensex's gain of 5.87%. This stark difference highlights the stock's struggles relative to the overall market. Despite a rise in investor participation, as indicated by a 154.66% increase in delivery volume, the fundamental weaknesses of the company, including its expensive valuation and declining profits, suggest that the stock is likely to continue facing downward pressure.