Why is H T Media falling/rising?

As of 22-Jul, H T Media Ltd's stock price is currently at Rs 23.20, reflecting a decrease of Rs 1.06 or 4.37%. The stock has underperformed its sector today by 4.94%, marking a trend reversal after five consecutive days of gains. It reached an intraday low of Rs 23.20, with trading volume skewed towards this lower price. Despite trading above its moving averages, the stock has seen a decline in investor participation, with delivery volume falling by 4.68% compared to the five-day average. While the company reported strong operating profit growth of 55.95% and positive results for the last two quarters, its long-term fundamentals are weak, evidenced by a -216.95% CAGR growth in operating profits over the past five years and a negative EBIT to interest ratio, which raises concerns about its ability to service debt.
In the broader market context, H T Media's short-term performance has been relatively strong, with a 9.02% increase over the past week, while the benchmark Sensex has decreased by 0.47%. However, the stock has consistently underperformed against the benchmark over the last three years, generating a -14.07% return in the past year compared to a 2.09% gain for the Sensex. This consistent underperformance, coupled with a lack of domestic mutual fund investment, suggests that investor sentiment remains cautious about the stock's future prospects despite recent positive quarterly results.