Why is MFL India falling/rising?

As of 30-Jul, MFL India Ltd's stock price is currently at 0.57, reflecting a decrease of 0.01 or 1.72%. The stock has underperformed its sector by 0.58% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 1.72%, and it has seen a significant drop in investor participation, with delivery volume falling by 52.72% compared to the 5-day average. The company is facing challenges with a negative book value and a weak long-term fundamental strength, as evidenced by poor growth in net sales and a high debt-to-equity ratio. Additionally, the stock has generated a return of -28.75% over the past year, despite a rise in profits of 66.7%, indicating a risky investment environment.
In the broader market context, MFL India Ltd's recent performance has been weaker than the benchmark Sensex, which has declined by 1.50% over the same week. The stock's year-to-date performance shows a significant drop of 18.57%, contrasting sharply with the Sensex's gain of 4.28%. This underperformance highlights the stock's struggles relative to the overall market, further compounded by its negative operating profits and lack of institutional support from majority shareholders. Overall, these factors contribute to a challenging outlook for MFL India Ltd, leading to its current price decline.