Why is MFL India falling/rising?

As of 24-Sep, MFL India Ltd's stock price is currently at 0.56, showing no change (0.00%). The stock has outperformed its sector by 1.54% today, although it has experienced a decline of 3.45% over the past week. In the last month, it has risen by 5.66%, contrasting with a year-to-date decline of 20.00%. The stock's performance is concerning as it has a negative book value and weak long-term fundamental strength, with net sales growing at only 8.20% annually over the last five years. Additionally, the company has a high debt-to-equity ratio of 2.57 times, and its recent quarterly results show a significant drop in profit after tax and operating profit, indicating financial instability.
In the broader market context, the Sensex has declined by 1.18% over the past week, which suggests that the stock's short-term performance is relatively better than the benchmark. However, the stock's year-to-date performance of -20.00% starkly contrasts with the Sensex's gain of 4.58%, highlighting its underperformance in the long run. The falling investor participation, evidenced by a 32.02% drop in delivery volume compared to the five-day average, further indicates a lack of confidence among investors, contributing to the stock's overall weak outlook.