Why is MPL Plastics falling/rising?

As of 26-Aug, MPL Plastics Ltd is experiencing a slight decline in its stock price, currently at 9.27, reflecting a decrease of 0.03 or 0.32%. Today's performance indicates that the stock has outperformed its sector by 1.13%, although it has shown a trend reversal after two consecutive days of gains. The stock's recent performance over the past week has been positive at +1.42%, but it has underperformed over the past month with a decline of -2.22%. Additionally, the stock has a negative book value and has shown poor long-term growth, with net sales declining at an annual rate of -100% and operating profit stagnating at 0% over the last five years. The high debt levels, indicated by a debt-to-equity ratio of 0 times, further contribute to its weak long-term fundamental strength.
In the broader market context, while MPL Plastics has outperformed the sector recently, it has significantly underperformed the benchmark Sensex over longer periods, with a year-to-date return of -24.45% compared to the Sensex's +3.39%. The stock's liquidity appears adequate for trading, but there is a noted decrease in investor participation, with delivery volume falling by 1.5% against the five-day average. The overall negative sentiment surrounding the stock, driven by its poor financial performance and high risk, suggests that investors may be cautious, contributing to its current price decline.