Why is MT Educare falling/rising?

As of 22-Sep, MT Educare Ltd's stock price is flat at 2.05, with no change in percentage terms. The stock has underperformed significantly, with a performance today that is down by 100.82% compared to its sector. Over the past week, the stock has increased by 3.02%, but it has seen a decline of 4.65% over the last month and a staggering 51.54% over the past year. The stock is trading below all its moving averages, indicating a bearish trend. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 45.65% against the five-day average. The company's financial health is concerning, as it has a negative book value, weak long-term fundamentals, and a poor EBIT to interest ratio of -1.95. Recent negative results, including a significant drop in PAT and net sales, further exacerbate the stock's downward pressure.
In the broader market context, while the Sensex has gained 0.46% over the past week, MT Educare's performance has been lackluster, highlighting its consistent underperformance against the benchmark over the last three years. The stock's year-to-date return is down 16.67%, contrasting sharply with the Sensex's gain of 5.15%. The high percentage of pledged promoter shares, at 50.74%, adds to the risk, particularly in a falling market, which can lead to additional downward pressure on the stock price. Overall, the combination of weak financials, poor recent performance, and declining investor interest suggests a challenging environment for MT Educare Ltd.