Why is MMTC falling/rising?

As of 16-Sep, MMTC Ltd's stock price is currently at 66.13, reflecting a decrease of 0.13 or 0.2%. The stock has shown a positive performance over the past week and month, with returns of 2.64% and 6.54%, respectively. However, it has significantly underperformed over the year, with a decline of 30.57%. Today's price summary indicates that MMTC is trading above its moving averages across various time frames, and there has been a notable increase in investor participation, with delivery volume rising by 154.71% compared to the 5-day average. Despite these positive indicators, the company faces significant challenges, including 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. These factors contribute to a perception of risk and low profitability, which may be influencing the stock's recent downward movement.
In the broader market context, MMTC's short-term returns have outperformed the benchmark Sensex, which has gained 1.58% over the past week and 2.21% over the past month. However, the stock's year-to-date performance is notably poor, with a decline of 9.10% compared to the Sensex's gain of 5.43%. This underperformance, coupled with the company's financial struggles and low domestic mutual fund ownership, suggests a lack of confidence among investors, which may be impacting the stock's price negatively. Overall, while there are some short-term positive indicators, the long-term financial health of MMTC Ltd raises concerns that could be driving the stock's current decline.