Why is Muller & Phipps falling/rising?

As of 04-Jul, Muller & Phipps (India) Ltd is experiencing a decline in its stock price, currently at Rs 333.00, which reflects a decrease of Rs 16.7 or 4.78%. The stock has been on a downward trend, losing value for the last three consecutive days and showing a total decline of 6.75% during this period. Despite an intraday high of Rs 360, the stock's performance today has been characterized by a weighted average price closer to its low, indicating weaker trading activity. Over the past month, the stock has performed well with a return of 48.66%, but its recent negative trends are concerning, especially given the company's negative book value and high debt levels, which contribute to its weak long-term fundamental strength.
In the broader market context, the stock's short-term performance has underperformed compared to the Sensex, which has only declined by 0.74% over the past week, while Muller & Phipps has dropped by 3.76%. Although the stock has outperformed the sector by 2.93% today, the overall trading environment has been challenging, with a significant drop in sector trading activity by 7.72%. The company's consistent returns over the past three years are overshadowed by its recent financial struggles, including negative EBITDA and declining profits, which have raised concerns among investors and contributed to the stock's current downward trajectory.