Why is Unitech falling/rising?

As of 05-Sep, Unitech Ltd's stock price is currently at 6.98, reflecting an increase of 0.05 or 0.72%. The stock has shown a performance today that outperformed its sector by 1.39% and has gained after four consecutive days of decline. However, it is trading lower than its moving averages across various time frames, indicating a bearish trend. Over the past week, the stock has fallen by 1.69%, and year-to-date, it has decreased by 23.80%. Despite a recent uptick in delivery volume, the company faces significant challenges, including a negative book value and poor long-term growth metrics, with net sales declining at an annual rate of 25.50%. The company's ability to service its debt is also weak, which contributes to its classification as a strong sell.
In the broader market context, while the Sensex has gained 1.13% over the past week, Unitech's performance has lagged significantly, highlighting its underperformance relative to the benchmark. The stock's year-long return of -29.49% starkly contrasts with the market's slight decline of -1.81%, indicating a lack of investor confidence. The minimal stake held by domestic mutual funds further suggests that institutional investors are wary of the company's prospects, which may be influencing the stock's price movement. Overall, while there has been a slight rise in the stock price today, the underlying fundamentals and market sentiment remain negative, contributing to its ongoing volatility.