Why is MFL India falling/rising?

As of 09-Sep, MFL India Ltd's stock price is currently at 0.54, reflecting a decrease of 0.01 or 1.82%. The stock has recently underperformed its sector by 1.41% and has experienced a trend reversal, falling after four consecutive days of gains. In terms of returns, the stock has shown a 1.89% increase over the past week, but it has declined by 3.57% over the last month and 22.86% year-to-date. The company has a negative book value and a weak long-term fundamental strength, with poor growth in net sales and a high debt-to-equity ratio of 2.57 times. Additionally, the latest quarterly results indicate a significant decline in profit after tax and operating profit, contributing to the stock's downward movement. Broader market context shows that while MFL India has struggled, the benchmark Sensex has gained 1.18% over the past week and 1.56% over the last month. This indicates that the stock's recent performance is not only poor in isolation but also underwhelming compared to the broader market trends. Despite a rise in investor participation, as evidenced by a 66.81% increase in delivery volume, the overall sentiment remains negative due to the company's financial struggles and the risk associated with its negative EBITDA.