Why is H D I L falling/rising?

As of 30-Jun, Housing Development & Infrastructure Ltd (HDIL) is experiencing a decline in its stock price, currently at 3.37, reflecting a decrease of 0.17 or 4.8%. The stock has underperformed its sector today by 4.56%, and its trading has been erratic, with no trades on 4 out of the last 20 days. The stock's performance over the past week shows a decline of 4.80%, while it has fared better over the past month with a gain of 9.06%. Despite positive growth in net sales and profit after tax, the company faces significant challenges, including a negative book value and a weak ability to service its debt, which raises concerns for investors.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has increased by 2.09% over the past week. Over the last year, HDIL has underperformed significantly, with a return of -26.10%, while the broader market has generated a positive return of 5.79%. This underperformance, combined with a negative EBITDA and weak long-term fundamentals, suggests that investor confidence is low, contributing to the stock's decline.