Why is MT Educare falling/rising?

As of 27-Jun, MT Educare Ltd's stock price is currently at 2.19, reflecting a decrease of 0.05 or 2.23%. The stock has underperformed its sector by 2.05% today, and it 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 4.37%, and it has shown a significant year-to-date drop of 10.98%. The company is facing challenges, including a negative book value and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -1.95. Additionally, the stock's profitability is low, with a return on equity averaging only 0.83%. The recent financial results have also been disappointing, with a PAT of Rs -11.96 crore, a decline of 15%, and a negative EBITDA, which further contributes to the stock's risk profile. Furthermore, 50.74% of promoter shares are pledged, which can exert additional downward pressure on the stock price in a falling market.
In the broader market context, MT Educare's performance has been consistently poor compared to the benchmark, with a return of -34.82% over the past year, while the Sensex has gained 6.08% during the same period. The stock has underperformed the BSE 500 in each of the last three annual periods, indicating a persistent trend of weakness. The current market conditions, combined with the company's financial struggles and declining investor participation, suggest that the stock is facing significant headwinds, contributing to its recent price decline.