Why is MT Educare falling/rising?

As of 29-Aug, MT Educare Ltd is currently priced at 2.02, reflecting a decrease of 0.1, or 4.72%. The stock has underperformed significantly today, with a performance that is 4.55% lower than its sector. It is trading below all its moving averages, indicating a bearish trend. Additionally, investor participation has declined sharply, with delivery volume falling by 81.34% compared to the 5-day average. The stock has shown consistent underperformance against benchmarks, with a staggering 55.11% drop in the past year and a 77.20% decline over three years. The company’s financial health is concerning, as it has a negative book value and a poor EBIT to interest ratio of -1.95, indicating weak long-term fundamental strength. Recent negative results, including a 75.9% fall in PAT and the lowest net sales recorded, further exacerbate the stock's downward trajectory.
In the broader market context, MT Educare's short-term return of -6.05% over the past week contrasts sharply with the Sensex, which has only declined by 1.84%. This significant underperformance highlights the stock's struggles relative to the market. The company's high percentage of pledged promoter shares, at 50.74%, adds to the risk, particularly in a declining market, as it can exert additional downward pressure on the stock price. Overall, the combination of weak financial performance, declining investor interest, and consistent underperformance against benchmarks contributes to the stock's current downward movement.