Why is Unitech Internat falling/rising?

As of 07-Jul, Unitech International Ltd's stock price is currently at 4.60, reflecting a decrease of 0.24, or 4.96%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 9.63% during this period. In terms of returns, the stock has shown a negative performance of 2.95% over the past week and a significant decline of 14.81% over the last year, which is considerably worse than the benchmark, the Sensex, that has gained 4.31% in the same timeframe. The company is facing challenges such as a negative book value, a high debt-to-EBITDA ratio of 7.51 times, and reported losses, which contribute to its weak long-term fundamental strength. Additionally, the stock's liquidity appears to be declining, with a notable drop in delivery volume.
In the broader market context, Unitech International Ltd's recent performance has been significantly weaker than the benchmark, as evidenced by its negative returns compared to the Sensex's positive performance. The stock's short-term underperformance, particularly the 2.95% decline over the past week versus the Sensex's minimal drop of 0.20%, indicates a lack of investor confidence. The company’s consistent underperformance over the last three years, alongside its negative EBITDA and inability to service debt effectively, further exacerbates the situation, making it a risky investment compared to historical valuations.