Why is MBL Infrast falling/rising?

As of 29-Sep, MBL Infrastructure Ltd is experiencing a decline in its stock price, currently at 41.02, reflecting a decrease of 0.85 or 2.03%. The stock has underperformed its sector by 1.82% today and has been on a downward trend, losing value for the last three consecutive days, amounting to a total decline of 7.78% during this period. Additionally, MBL Infrastructure is trading below its moving averages across various time frames, indicating a bearish sentiment. The company has reported negative results for the last eight consecutive quarters, with significant operating losses and a concerning debt to EBITDA ratio, which further undermines investor confidence. Promoter stake reduction by 1.03% also suggests a lack of confidence in the company's future prospects.
In the broader market context, MBL Infrastructure's performance over the past week shows a decline of 9.27%, while the Sensex has only fallen by 2.18%, indicating a significant underperformance relative to the benchmark. Over the past year, the stock has generated a return of -34.60%, which is substantially worse than the market's decline of -6.08%. This stark contrast highlights the company's struggles compared to the overall market, reinforcing the perception of MBL Infrastructure as a risky investment, particularly given its poor long-term growth metrics and increasing operating losses.