Why is Mukta Arts falling/rising?

As of 19-Sep, Mukta Arts Ltd is experiencing a decline in its stock price, currently at Rs 68.09, which reflects a decrease of Rs 1.41 or 2.03%. The stock has been underperforming, having lost 2.77% over the last three days and showing a significant drop of 9.64% over the past month. Despite opening with a 2% gain today and reaching an intraday high of Rs 70.89, it quickly fell to a low of Rs 68, indicating volatility. The stock is trading below all key moving averages and has seen a drastic reduction in investor participation, with delivery volume down by 73.37% compared to the five-day average. The company's fundamentals are concerning, as it has reported negative results for six consecutive quarters, a high debt-to-EBITDA ratio, and a negative book value, which collectively suggest weak long-term strength and profitability.
In the broader market context, Mukta Arts has underperformed against the benchmark, with a one-week return of -0.70% compared to the Sensex's +0.88%. Over the past year, while the stock has declined by 15.41%, the Sensex has only slightly decreased by 0.67%. This consistent underperformance highlights the stock's struggles relative to the market, further compounded by its negative operating profits and high debt levels. The overall market appears to be performing better, which may contribute to the stock's downward pressure as investors seek more stable and profitable opportunities.