Why is Unitech falling/rising?

As of 17-Nov, Unitech Ltd's stock price is currently at 6.66, reflecting a decline of 0.15, or 2.2%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decrease of 3.48% during this period. Over the past week, the stock has decreased by 2.77%, and it has also shown a significant decline of 27.29% year-to-date. The company's negative book value and weak long-term fundamentals, highlighted by a poor annual net sales growth rate of -25.50% and an EBIT to Interest ratio of -0.86, contribute to its current struggles. Additionally, the stock's performance has been hindered by flat operating cash flow results and a substantial increase in interest expenses, which further diminishes investor confidence.
In the broader market context, Unitech's performance has significantly lagged behind the benchmark, with the Sensex gaining 1.69% over the past week while Unitech has lost 2.77%. This underperformance is evident over the past year as well, where Unitech has generated a return of -26.25% compared to the market's positive return of 8.72%. The low participation from domestic mutual funds, holding only 0.01% of the company, suggests a lack of confidence in the stock's valuation and business prospects. Overall, the combination of poor financial health, negative growth indicators, and weak market sentiment has led to the stock's decline.