Why is MMTC falling/rising?

As of 28-Aug, MMTC Ltd's stock price is currently at 61.32, reflecting a decrease of 0.83, or 1.34%. The stock has been underperforming, having lost 6.3% over the last five days and is trading below its moving averages across various time frames. Additionally, the stock's performance has been poor in the longer term, with a year-to-date decline of 15.71% and a staggering 40.12% drop over the past year. Key negative factors contributing to this decline include a high debt-to-equity ratio of 5.43 times, poor long-term growth with net sales decreasing at an annual rate of 82.63% over the last five years, and a significant drop in profitability, as evidenced by a negative EBITDA and a return on capital employed of only 3.83%. Furthermore, domestic mutual funds hold a mere 0.51% stake in the company, indicating a lack of confidence in its future prospects.
In the broader market context, MMTC's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has only declined by 2.34% over the same one-week period. This stark difference highlights the stock's struggles relative to the market, particularly given its substantial losses over the past year compared to the benchmark's slight decline. The overall market conditions appear to be more favorable, yet MMTC's persistent issues, including falling investor participation and poor financial metrics, continue to weigh heavily on its stock price.