Why is Muller & Phipps falling/rising?

As of 05-Sep, Muller & Phipps (India) Ltd is currently priced at 264.00, reflecting a slight increase of 0.2 or 0.08%. The stock has shown a positive performance over the past week and month, with returns of +2.33% and +5.18%, respectively. However, it has underperformed its sector today by -0.45%. The stock's trading activity has been erratic, with it not trading on one day out of the last twenty. Additionally, there has been a significant decline in investor participation, as evidenced by a 96.16% drop in delivery volume compared to the five-day average. While the company reported positive results in June, including a high return on capital employed and profit after tax, it also faces challenges such as a negative book value and a high debt-to-equity ratio, which contribute to its weak long-term fundamental strength.
In the broader market context, the stock's short-term performance has outpaced the benchmark Sensex, which only gained +1.13% over the same one-week period. Despite this, the stock has a year-to-date return of -14.70%, contrasting with the Sensex's +3.29% gain, indicating a significant underperformance over a longer timeframe. The company's high debt levels and negative EBITDA suggest a risky investment, further compounded by a decline in profits over the past year. These factors contribute to a cautious outlook for Muller & Phipps, despite some recent positive financial indicators.