Why is MPDL Ltd falling/rising?

As of 26-Sep, MPDL Ltd's stock price is currently at 42.26, reflecting a decline of 1.34, or 3.07%. The stock has been on a downward trend, having underperformed its sector by 0.45% today and experiencing a consecutive fall over the last five days, resulting in a significant 20.52% drop during this period. The stock opened with a loss of 4.93% today, reaching an intraday low of Rs 41.45. Additionally, the company's long-term fundamentals appear weak, with operating profits declining at an annual rate of -221.11% over the past five years, and a negative EBIT to interest ratio of -4.64. The stock has also underperformed the market over the past year, with a return of -19.18% compared to the broader market's negative return of -7.63%.
In the broader market context, MPDL Ltd's recent performance contrasts sharply with the benchmark, as it has significantly lagged behind, particularly in the short term. While the Sensex has only fallen by 2.66% over the past week, MPDL Ltd's stock has plummeted by 20.52%. The overall sector, specifically sugar, has also seen a decline of 2.58%, indicating a challenging environment. The falling investor participation, evidenced by a 22.05% drop in delivery volume, further suggests a lack of confidence in the stock, contributing to its recent price decline.