Why is MPL Plastics falling/rising?

As of 17-Jul, MPL Plastics Ltd is currently priced at 9.50, showing no change (0.00%). The stock has underperformed its sector by 0.6% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 5.75%, and it has experienced a significant drop of 22.58% year-to-date. Despite a rise in delivery volume by 174.27% against the 5-day average, the company faces challenges such as a negative book value, high debt levels, and a consistent decline in net sales, which has grown at an annual rate of -100.00% over the last five years. These factors contribute to the stock's weak long-term fundamental strength and overall negative sentiment among investors.
In the broader market context, MPL Plastics has consistently underperformed against the benchmark, with a return of -32.58% over the past year compared to a 5.27% gain in the Sensex. This underperformance is evident over multiple periods, including a -19.08% return over the last three years, while the Sensex has gained 53.01% in the same timeframe. The stock's risky profile, characterized by negative EBITDA and poor historical performance, further exacerbates its challenges in attracting investor confidence, leading to its current stagnant price movement.