Why is Unitech falling/rising?

As of 26-Aug, Unitech Ltd is experiencing a decline in its stock price, currently at 7.05, reflecting a decrease of 0.14 or 1.95%. The stock has been underperforming recently, with a consecutive fall over the last two days resulting in a total decline of 4.86%. It is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 0.56%, and it has significantly underperformed the market with a year-to-date decline of 23.03%. The company's negative book value and weak long-term fundamentals, highlighted by a substantial drop in net sales and operating profit, contribute to the stock's poor performance. Additionally, the low interest from domestic mutual funds, holding only 0.01% of the company, suggests a lack of confidence in its current valuation.
In the broader market context, Unitech's performance has been worse than the benchmark, with the Sensex showing a decline of only 1.05% over the past week. The construction and real estate sector, in which Unitech operates, has also faced challenges, falling by 2.22%. Despite a notable increase in delivery volume, which rose by 218.03% against the five-day average, the overall sentiment remains negative due to the company's financial struggles and the significant underperformance relative to the market. The stock's risky profile, characterized by a negative EBIT to interest ratio and poor growth metrics, further exacerbates investor concerns, leading to its current downward trajectory.