Why is Mahalaxmi Seam. falling/rising?

As of 25-Jun, Mahalaxmi Seamless Ltd is experiencing a decline in its stock price, currently at 9.67, which represents a decrease of 0.19 or 1.93%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 7.55% over the past week. Additionally, the stock's performance today has underperformed its sector by 2.92%. Despite a significant increase in delivery volume, which rose by 1886.64% against the 5-day average, the company faces challenges such as a negative book value and a high debt-to-EBITDA ratio of 3.43 times, indicating weak long-term fundamental strength. The stock has also generated a return of -15.55% over the past year, with profits declining by 7%, further contributing to its downward movement.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has gained 1.61% over the past week while Mahalaxmi Seamless Ltd has lost 7.55%. This underperformance is indicative of the stock's struggles not only in the short term but also in the long term, as it has consistently lagged behind the BSE 500 index over various time frames, including the last three years and one year. The combination of negative returns, high debt levels, and poor financial results has positioned the stock as a risky investment, leading to its current decline amidst a generally stable market environment.