Why is Unitech falling/rising?

As of 28-Jul, Unitech Ltd's stock price is currently at 7.12, reflecting a decrease of 0.23, or 3.13%. The stock has been on a downward trend, losing value for the last three days and experiencing a total decline of 8.01% during this period. Over the past week, the stock has underperformed significantly, with a return of -9.64%, compared to the Sensex's decline of only -1.59%. The company's fundamentals are concerning, as it has a negative book value and weak long-term growth, with net sales decreasing at an annual rate of -28.46%. Additionally, the stock's performance is risky due to a negative EBITDA and poor ability to service its debt, as indicated by a negative EBIT to interest ratio of -0.86.
In the broader market context, Unitech's performance has been notably worse than the benchmark, as it has underperformed the market with a one-year return of -38.73%, while the BSE500 index has only fallen by -2.52%. The construction and real estate sector, in which Unitech operates, has also faced challenges, with a sector decline of -3.32%. Despite a rise in investor participation, as evidenced by a significant increase in delivery volume, the overall sentiment remains negative due to the company's weak financial health and lack of confidence from domestic mutual funds, which hold only a minimal stake in the company.