Why is MMTC falling/rising?

As of 17-Sep, MMTC Ltd's stock price is currently at 66.07, reflecting a slight decrease of 0.06, or 0.09%. The stock has shown mixed performance recently, with a 1-week return of 1.51% and a 1-month return of 6.44%, both outperforming the benchmark Sensex, which returned 1.56% and 2.60% respectively. However, the stock has underperformed its sector today by 0.72%. Notably, the stock is trading above its moving averages across various periods, indicating some positive momentum. Despite this, the company faces significant challenges, including a high debt-to-equity ratio of 5.43 times and a concerning annual sales growth rate of -82.63% over the last five years. Additionally, the company's profitability is low, with a return on capital employed averaging only 3.83%. The recent decline in investor participation, with a 27.6% drop in delivery volume, further underscores the stock's struggles.
Broader market context reveals that while the broader market has generated negative returns of -2.63% over the past year, MMTC's stock has significantly underperformed with a return of -29.75%. This stark contrast highlights the stock's ongoing challenges, particularly in terms of profitability and growth, which have deterred investor confidence. Furthermore, the low stake held by domestic mutual funds, at only 0.51%, suggests a lack of comfort with the company's valuation or business prospects. Overall, the combination of high debt, poor long-term growth, and declining investor interest contributes to the stock's current downward movement.