Why is Mah. Corporation falling/rising?

As of 28-Aug, Maharashtra Corporation Ltd's stock price is currently at 0.44, reflecting a decrease of 0.01 or 2.22%. The stock has underperformed its sector today by 1.18%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has declined by 2.22%, and it has experienced significant losses year-to-date, with a drop of 45.00%. The company's weak long-term fundamental strength is highlighted by operating losses and a poor EBIT to Interest ratio of 0.19, which suggests challenges in servicing its debt. Additionally, the Return on Equity (ROE) is low at 0.60%, indicating low profitability, and the stock has generated a return of -49.43% over the past year, with profits falling by 13%.
In the broader market context, Maharashtra Corporation's recent performance has been slightly better than the benchmark Sensex, which has declined by 2.34% over the past week. However, the stock's year-to-date performance is significantly worse than the Sensex's gain of 2.48%. The rising investor participation, as evidenced by an increase in delivery volume, may indicate some interest despite the overall negative sentiment surrounding the stock. The majority shareholders being non-institutional could also contribute to the volatility and lack of confidence in the stock's future performance. Overall, the combination of poor financial metrics and underperformance relative to both the sector and the broader market contributes to the stock's downward movement.