Why is MT Educare falling/rising?

As of 12-Sep, MT Educare Ltd's stock price is currently at 2.09, reflecting a decrease of 0.02, or 0.95%. The stock has recently underperformed its sector by 0.99% and has experienced a trend reversal, falling after two consecutive days of gains. While the stock has shown a positive return of 4.50% over the past week, it has significantly underperformed in the longer term, with a decline of 11.81% over the past month and a staggering 53.03% over the past year. The company is facing serious financial challenges, including a negative book value and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio. Additionally, the recent negative quarterly results, including a 50.22% drop in net sales and a 75.9% decline in profit after tax, further contribute to the stock's downward pressure.
In the broader market context, the Sensex has gained 1.48% over the past week, contrasting with MT Educare's performance. The stock's liquidity appears adequate for trading, with a delivery volume increase of 23.48% against the five-day average, yet this does not offset the negative sentiment surrounding the stock. The high percentage of pledged promoter shares, at 50.74%, adds to the risk, particularly in a falling market, which can exacerbate downward price movements. Overall, the consistent underperformance against the benchmark over the last three years, coupled with the company's deteriorating financial health, indicates a challenging environment for MT Educare, leading to its current price decline.