Why is MPL Plastics falling/rising?

As of 09-Sep, MPL Plastics Ltd is currently priced at 9.27, reflecting a decrease of 0.05, or 0.54%. The stock has experienced a trend reversal, falling after two consecutive days of gains. It is performing in line with its sector today, but the delivery volume has significantly decreased by 52.39% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has gained 1.31%, although it has underperformed significantly on a year-to-date basis with a decline of 24.45%. The company's financial health is concerning, as it has a negative book value and has shown poor long-term growth, with net sales declining at an annual rate of 100% and an operating profit of 0% over the last five years.
In the broader market context, while MPL Plastics has shown a slight positive return over the past week, it has consistently underperformed against the benchmark, the BSE500, over the last three years, with a 1-year return of -35.71% compared to the benchmark's -0.56%. This underperformance, coupled with high debt levels and negative EBITDA, suggests that the stock is trading at risky valuations. The overall market sentiment may be influenced by these factors, contributing to the stock's current downward movement despite some short-term gains.