Why is MPL Plastics falling/rising?

As of 12-Sep, MPL Plastics Ltd is experiencing a price increase, currently at 9.27, reflecting a change of 0.13 or 1.42% upward. The stock's performance today is in line with its sector, and it is trading higher than its 5-day and 20-day moving averages, although it remains below its longer-term moving averages (50-day, 100-day, and 200-day). Notably, there has been a significant rise in investor participation, with delivery volume increasing by 207.81% compared to the 5-day average. However, the stock has shown a concerning trend with a year-to-date return of -24.45% and a one-year return of -33.21%, indicating consistent underperformance against the benchmark.
In the broader market context, while the Sensex has gained 1.48% over the past week and 2.08% over the past month, MPL Plastics has seen a slight decline of 0.22% in the same week, despite a positive monthly return of 8.04%. The company's weak long-term fundamentals, characterized by a negative book value, high debt levels, and a significant decline in net sales and operating profit, contribute to its risky profile. Additionally, the stock's negative EBITDA and consistent underperformance against the benchmark over the last three years further highlight the challenges it faces, despite the recent uptick in price.