Why is Mohit Industries falling/rising?

As of 24-Jun, Mohit Industries Ltd is experiencing a decline in its stock price, currently at 28.42, with a change of -0.09, representing a decrease of 0.32%. The stock has underperformed its sector by 1.36% today and has been on a consecutive downward trend for the last three days, resulting in a total drop of 5.27% during this period. Over the past week, the stock has seen a significant decline of 9.20%, and its year-to-date performance shows a staggering drop of 36.26%. The company is trading below all its moving averages, indicating a bearish trend. Additionally, while there has been a rise in delivery volume, the overall financial health of the company is concerning, with a weak long-term fundamental strength highlighted by a -184.87% CAGR growth in operating profits over the last five years and a poor EBIT to interest ratio of 0.19.
In the broader market context, the stock's performance contrasts sharply with the benchmark, as the Sensex has gained 0.58% over the past week, while Mohit Industries has lost 9.20%. This underperformance is further emphasized by the fact that the stock has generated negative returns of -8.88% over the past year, while the broader market has seen a positive return of 2.98%. The company's weak profitability, as indicated by a low return on equity of 0.24%, and negative EBITDA further contribute to the stock's declining trend, making it a risky investment compared to its historical valuations.