Why is Mah. Corporation falling/rising?

As of 01-Aug, Maharashtra Corporation Ltd's stock price is currently at 0.44, showing no change (0.00%). The stock has underperformed its sector by 1.38% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 2.22%, and it has experienced a significant drop of 10.20% over the past month. The company has reported operating losses, with a weak long-term fundamental strength indicated by a poor EBIT to Interest ratio of 0.19 and a low Return on Equity of 0.60%. Additionally, the company’s recent financial results have shown a sharp decline in profitability, with a PAT of Rs -0.74 crore, marking a 432.6% fall compared to the previous four-quarter average.
In the broader market context, Maharashtra Corporation Ltd's performance has been notably worse than the benchmark Sensex, which has only declined by 1.06% over the past week and 3.70% over the past month. The stock's year-to-date return is down by 45.00%, while the Sensex has gained 3.15% in the same period. Despite a slight increase in delivery volume, indicating some rising investor participation, the overall sentiment remains negative due to the company's weak financial health and high valuation relative to its earnings. This combination of factors contributes to the stock's continued decline in value.