Why is Mahalaxmi Fab. falling/rising?

As of 17-Oct, Mahalaxmi Fabric Mills Ltd is experiencing a decline in its stock price, currently at Rs 27.44, which reflects a decrease of Rs 1.55 or 5.35%. The stock has underperformed significantly, with a 1-week return of -2.66% and a 1-month return of -17.15%. Today's trading performance indicates a gap down opening with a loss of 4.42%, and the stock touched an intraday low of Rs 27.27. It is also trading below all key moving averages, indicating a bearish trend. Furthermore, the stock's delivery volume has plummeted by 82.78% compared to its 5-day average, suggesting a lack of investor interest. The company's fundamentals are weak, with a negative operating profit trend and a poor return on capital employed, contributing to its recent price decline.
In the broader market context, the Sensex has shown a positive return of 1.76% over the past week, contrasting sharply with Mahalaxmi Fabric Mills' negative performance. This underperformance is further highlighted by the stock's year-to-date return of -44.45%, while the benchmark has gained 7.44% during the same period. The company's financial struggles, including a significant drop in net sales and a negative growth rate in operating profit, have positioned it unfavorably against the market, leading to its current status as a strong sell. Overall, the combination of weak fundamentals and poor market sentiment has resulted in the stock's continued decline.