Why is MMTC falling/rising?

As of 09-Sep, MMTC Ltd's stock price is currently at Rs 64.43, reflecting a decline of Rs 1.25 or 1.9%. The stock has underperformed its sector by 0.56% today and has experienced a trend reversal, falling after two consecutive days of gains. It touched an intraday low of Rs 64.22, indicating a drop of 2.22%. Over the past week, the stock has shown a return of +2.58%, while its performance over the last month is +1.99%. However, the company faces significant challenges, including a high debt-to-equity ratio of 5.43 times and a concerning annual net sales growth rate of -82.63% over the last five years. Additionally, the stock has generated a return of -31.60% over the past year, with profits falling by -70.7%, which contributes to its current downward movement.
In the broader market context, while the Sensex has shown a positive return of +1.18% over the past week and +1.56% over the past month, MMTC's performance has lagged behind. The stock's year-to-date return is -11.44%, contrasting sharply with the Sensex's gain of +3.79%. This underperformance suggests that investor sentiment towards MMTC is weak, as evidenced by the low stake held by domestic mutual funds at only 0.51%. The combination of high debt, poor long-term growth prospects, and negative profitability metrics has likely led to a lack of confidence among investors, contributing to the stock's current decline.