Why is Mah. Corporation falling/rising?

As of 01-Sep, Maharashtra Corporation Ltd's stock price is currently at 0.45, reflecting an increase of 0.01 or 2.27%. Despite this positive movement today, the stock has underperformed its sector by 0.25% and is trading below all its moving averages, indicating a bearish trend. Over the past month, the stock has shown a modest gain of 2.27%, while its year-to-date performance remains significantly negative at -43.75%. The company faces challenges, including operating losses and weak long-term fundamental strength, as evidenced by a low return on equity of 0.60% and a poor EBIT to interest ratio of 0.19. Additionally, a decline in investor participation, with delivery volume falling by 17.02% against the five-day average, suggests waning interest from shareholders.
In the broader market context, the stock's performance contrasts sharply with the benchmark Sensex, which has seen a decline of 1.56% over the past week and a modest gain of 2.85% year-to-date. While Maharashtra Corporation's recent price increase may seem positive, it is essential to note that the stock has generated a return of -45.12% over the past year, indicating significant long-term struggles. The overall market sentiment appears to be more favorable, as the sector has gained by 2.5%, highlighting the company's ongoing difficulties in attracting investor confidence amidst a challenging financial landscape.