Why is Morarjee Text. falling/rising?

As of 16-Sep, Morarjee Textiles Ltd is experiencing a decline in its stock price, currently at 9.25, reflecting a decrease of 0.2 or 2.12%. The stock has underperformed its sector today by 3.57% and has fallen after two consecutive days of gains. Additionally, the stock's performance over the past week shows a decline of 3.85%, while it has seen a significant increase of 20.13% over the past month. However, the company has not declared results in the last six months, and its long-term fundamentals appear weak, with net sales declining at an annual rate of 37.66% and a high debt-to-equity ratio of 2.75 times. The stock has also generated negative results for the last four consecutive quarters, contributing to its recent downward movement.
In the broader market context, the Sensex has increased by 1.58% over the past week, contrasting with Morarjee Textiles' decline. This underperformance against the benchmark is consistent with the company's trend over the last three years, where it has consistently lagged behind the BSE500. The stock's liquidity is deemed sufficient for trading, but the significant drop in delivery volume by 62.84% against the five-day average indicates falling investor participation, further exacerbating the stock's decline. Overall, the combination of weak fundamentals, poor recent performance, and a lack of investor confidence are driving the stock lower.