Why is Mahalaxmi Fab. falling/rising?

As of 22-Sep, Mahalaxmi Fabric Mills Ltd is experiencing a decline in its stock price, currently at 31.99, which reflects a decrease of 0.49 or 1.51%. The stock has underperformed its sector by 0.8% today, despite being higher than its 5-day, 20-day, 50-day, and 100-day moving averages, but lower than its 200-day moving average. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 18.42% against the 5-day average. The company's long-term fundamentals are weak, with an average Return on Capital Employed (ROCE) of 0% and a concerning EBIT to Interest ratio of 0.38, indicating difficulties in servicing its debt. Furthermore, the latest financial results show a significant decline in profit after tax and net sales, contributing to a negative sentiment around the stock.
In the broader market context, Mahalaxmi Fabric Mills Ltd has shown a short-term return of 3.03% over the past week, which is significantly better than the Sensex's 0.46% increase during the same period. However, the stock's year-to-date performance is troubling, with a decline of 35.24% compared to the Sensex's gain of 5.15%. Over the last year, the stock has underperformed the market considerably, with a return of -42.86% against the BSE500's -2.82%. This stark contrast in performance highlights the stock's ongoing challenges and the negative outlook from investors, further exacerbated by its poor long-term growth metrics and negative operating profits.