Why is MKP Mobility falling/rising?

As of 08-Jul, MKP Mobility Ltd's stock price is currently at 122.75, reflecting a decrease of 0.2, or 0.16%. The stock has recently underperformed its sector by 1.99% and has experienced a trend reversal after three consecutive days of gains. In terms of returns, the stock has shown a significant increase of 14.72% over the past week, but it has declined by 3.12% over the past month and a staggering 46.93% year-to-date. Despite declaring positive results for the last five consecutive quarters, including record net sales and profit after tax, the company faces challenges with operating losses and weak long-term fundamental strength, which may contribute to the recent price decline.
In the broader market context, the Sensex has shown minimal movement, with a gain of only 0.02% over the past week, indicating that the market is relatively stable. However, MKP Mobility's performance over the last year has been notably poor, with a return of -56.08%, contrasting sharply with the Sensex's gain of 4.69% during the same period. This underperformance, coupled with the company's weak ability to service its debt and negative operating profits, suggests that investor sentiment may be cautious, leading to the stock's current downward movement.