Why is Max Heights falling/rising?

As of 23-Jun, Max Heights Infrastructure Ltd is experiencing a decline in its stock price, currently at 18.15, which reflects a decrease of 0.95 or 4.97%. The stock has underperformed its sector today by 5.34%, despite being higher than its 5-day, 20-day, and 50-day moving averages. However, it remains lower than its 100-day and 200-day moving averages. Over the past week, the stock has shown a return of +10.81%, but it has significantly underperformed over the longer term, with a year-to-date return of -39.90% and a staggering -74.98% over the past year. The company's operating losses and high debt levels, indicated by a debt-to-equity ratio of 2.54, contribute to its weak long-term fundamental strength, which is reflected in the stock's current price movement.
In the broader market context, the Sensex has shown a modest increase of 0.12% over the past week, contrasting with Max Heights' strong short-term performance. However, the stock's long-term performance is concerning, as it has underperformed the BSE 500 index over the last three years, one year, and three months. The company's return on equity is low at 2.63%, and its profits have fallen by 71% over the past year, further indicating poor financial health. Despite being valued attractively compared to peers, the combination of operational losses and declining investor participation, evidenced by a 72.41% drop in delivery volume, suggests that the stock's recent decline is driven by fundamental weaknesses rather than market trends.