Why is MMTC falling/rising?

As of 11-Sep, MMTC Ltd's stock price is currently at 64.89, reflecting a decrease of 0.2, or 0.31%. The stock's performance today is in line with its sector, although it is trading below its longer-term moving averages, specifically the 50-day, 100-day, and 200-day averages. The stock has shown a positive return of 1.76% over the past week and 3.58% over the past month, but it has significantly underperformed over the year with a decline of 30.52%. Key negative factors impacting the stock include a high debt-to-equity ratio of 5.43 times, poor long-term growth with net sales declining at an annual rate of 82.63% over the last five years, and a negative EBITDA, indicating financial instability. Additionally, domestic mutual funds hold only a minimal stake of 0.51%, suggesting a lack of confidence in the company's prospects.
In the broader market context, while the Sensex has gained 1.03% over the past week and 1.17% over the past month, MMTC's short-term returns have outperformed the benchmark, indicating some resilience in the stock despite its overall poor performance. However, the stock's year-to-date return of -10.80% starkly contrasts with the Sensex's positive return of 4.36%, highlighting the significant challenges MMTC faces relative to the broader market. The combination of high debt, declining profitability, and underperformance compared to both the market and its historical valuations contributes to the stock's current downward movement.