Why is Unitech falling/rising?

As of 04-Sep, Unitech Ltd's stock price is currently at 6.93, reflecting a decrease of 0.06 or 0.86%. The stock has been on a downward trend, having lost value for the last four consecutive days, resulting in a total decline of 2.39% during this period. Additionally, Unitech is trading below its moving averages across various time frames, indicating weak performance. The company has a negative book value and has shown poor long-term growth, with net sales declining at an annual rate of 25.50% and operating profit plummeting by 191.94% over the past five years. Furthermore, the company's ability to service its debt is compromised, as evidenced by a poor EBIT to interest ratio of -0.86. Despite a recent increase in investor participation, with delivery volume rising by 50.11%, the overall sentiment remains negative due to the company's weak fundamentals and significant losses reported in the latest financial results.
In the broader market context, Unitech's performance has underperformed compared to the benchmark index, with a one-month return of -2.12% against the Sensex's -0.37%. Over the past year, Unitech has experienced a substantial decline of 26.51%, while the broader market has only fallen by 1.98%. This stark contrast highlights the stock's struggles relative to market conditions, further contributing to investor caution. The limited interest from domestic mutual funds, holding only 0.01% of the company, suggests a lack of confidence in Unitech's valuation and business prospects, reinforcing the perception of risk associated with the stock.