Why is Mah. Corporation falling/rising?

As of 03-Sep, Maharashtra Corporation Ltd's stock price is flat at 0.44, with no change observed (0.00%). The stock has underperformed its sector by 0.9% today and is trading below all its moving averages, indicating a bearish trend. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 46.5% compared to the 5-day average. Over the past year, the stock has experienced a substantial decline of 47.62%, while the company's profits have also fallen by 13%. The company's weak long-term fundamental strength, characterized by operating losses and a low return on equity of 0.60%, further exacerbates its challenges.
Broader market context shows that while the Sensex has seen a slight decline of 0.27% over the past week, Maharashtra Corporation's stock has dropped by 2.22%, indicating a more pronounced weakness relative to the broader market. The company's ability to service its debt is compromised, as evidenced by a poor EBIT to Interest ratio of 0.19. This, combined with a very expensive valuation reflected in a price to book value of 0.4, suggests that investors are cautious about the stock's future prospects. Overall, the combination of poor performance metrics and weak market sentiment contributes to the stock's ongoing struggles.