Why is Muller & Phipps falling/rising?

As of 30-Jun, Muller & Phipps (India) Ltd is experiencing a decline in its stock price, currently at Rs 345.00, which reflects a decrease of 1.0 (-0.29%). The stock had previously shown strong performance, with a 21.16% increase over the past week and a remarkable 54.02% rise over the past month. However, today's performance indicates a reversal after six consecutive days of gains, with the stock opening up 3.7% but ultimately underperforming its sector by 2.68%. Despite trading above all key moving averages, the company faces significant challenges, including a negative book value and poor long-term growth metrics, which have contributed to its recent price movement.
In the broader market context, while Muller & Phipps has outperformed the benchmark Sensex over various periods, including a 17.75% return over the past year compared to the Sensex's 5.79%, the stock's current decline comes amidst a backdrop of rising investor participation and a generally positive sector performance, which gained 2.38% today. The company's high debt levels and negative EBITDA further complicate its outlook, suggesting that while short-term gains were substantial, underlying financial weaknesses are leading to increased selling pressure.