Why is Mysore Petro falling/rising?

As of 25-Aug, Mysore Petro Chemicals Ltd is experiencing a decline in its stock price, currently at 118.90, reflecting a decrease of 0.35 or 0.29%. The stock's performance today is in line with the sector, but it is trading below its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 83.53% compared to the 5-day average. The company has reported substantial operating losses, with net sales and profit before tax showing drastic declines compared to previous quarters. The negative return on capital employed and weak ability to service debt further contribute to the stock's poor performance, which has seen a 47.40% decline over the past year.
In the broader market context, Mysore Petro's short-term return of 0.76% over the past week outperforms the Sensex, which has increased by 0.45%. However, the company's long-term performance is concerning, as it has underperformed the BSE500 index over the last three years and one year. While the stock has a high dividend yield of 3.77%, the overall financial health of the company, characterized by negative EBITDA and significant losses, suggests a weak long-term fundamental strength, making it a risky investment.