Why is Unitech Internat falling/rising?

As of 18-Jul, Unitech International Ltd's stock price is currently at 4.70, reflecting a decrease of 0.04, or 0.84%. The stock has underperformed its sector by 0.31% today and has experienced a trend reversal after three consecutive days of gains. The stock's performance over the past week shows a slight decline of 0.21%, and it has significantly underperformed the benchmark over the last year, with a return of -14.23% compared to the Sensex's 0.51%. Additionally, the stock's delivery volume has dropped by 72.66% against the 5-day average, indicating falling investor participation. The company is facing challenges, including a negative book value and a high debt-to-EBITDA ratio of 7.51 times, which raises concerns about its ability to service debt and sustain operations without raising fresh capital or reporting profits.
In the broader market context, Unitech International Ltd's short-term performance has been relatively weak compared to the benchmark, as it has consistently underperformed the BSE500 over the last three years. While the Sensex has shown a positive return of 4.63% year-to-date, Unitech's stock has declined by 7.48% in the same period. This consistent underperformance, coupled with the company's negative EBITDA and reported losses, contributes to a perception of risk among investors, further exacerbating the stock's decline.