Why is MMTC falling/rising?

As of 28-Jul, MMTC Ltd's stock price is currently at 65.42, reflecting a decline of 1.26, or 1.89%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total return of -7.64% over that period. Today's trading saw the stock hit an intraday low of Rs 64.82, and it is currently trading below several moving averages, indicating a bearish trend. The company's financial health is concerning, with a high debt-to-equity ratio and poor long-term growth metrics, including a significant decline in net sales and operating profit over the past five years. Additionally, recent negative earnings results have further eroded investor confidence, as evidenced by a drastic drop in profit after tax and a high reliance on non-operating income. In the broader market context, MMTC's performance has been notably worse than the benchmark, with a one-year return of -38.73% compared to the BSE500's decline of only -2.52%. This stark contrast highlights the stock's struggles relative to the overall market. Furthermore, the stock's liquidity appears adequate, but the falling investor participation, with a notable decrease in delivery volume, suggests waning interest among traders. The small stake held by domestic mutual funds may also indicate a lack of confidence in the company's prospects, contributing to the stock's downward trajectory.