Why is MMTC falling/rising?

As of 06-Oct, MMTC Ltd's stock price is currently at 69.98, reflecting an increase of 0.36 (0.52%). The stock has been on an upward trend, gaining for the last four days with a total return of 8.26% over the past week, which outperformed the sector by 1.18%. Additionally, MMTC is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong short-term momentum. However, the company faces significant challenges, including a high debt-to-equity ratio of 5.43 times and poor long-term growth, with net sales declining at an annual rate of -82.63% over the last five years. This financial strain is compounded by a negative EBITDA and a substantial drop in profits, which have fallen by -70.7% over the past year.
In the broader market context, MMTC's recent performance contrasts sharply with the benchmark, as it has outperformed the Sensex by a notable margin in the short term, with a 1-week return of +8.26% compared to the Sensex's +1.77%. Despite this short-term success, the stock has underperformed over the longer term, with a year-to-date return of -3.81% against the Sensex's +4.67%. The limited interest from domestic mutual funds, holding only 0.51% of the company, may indicate a lack of confidence in the stock's future prospects, further complicating its market position.