Why is Haldyn Glass falling/rising?

As of 17-Jul, Haldyn Glass Ltd is currently priced at Rs 131.70, reflecting a decrease of Rs 5.15 or 3.76%. The stock has underperformed its sector by 5.66% today and has experienced a trend reversal after five consecutive days of gains, touching an intraday low of Rs 130.3. Despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the stock has seen a significant drop in investor participation, with delivery volume falling by 61.17% compared to the 5-day average. Over the past week, the stock has gained 9.16%, but it has a year-to-date return of -9.89%, indicating a struggle in maintaining upward momentum. The company has a low Debt to EBITDA ratio of 1.12 times and an attractive valuation, but its profits have declined by 23.4% over the past year, contributing to the stock's recent decline.
In the broader market context, Haldyn Glass's performance contrasts with the Sensex, which has seen a slight increase of 0.83% over the past month. While the stock has shown strong returns over the longer term, with a 250.73% increase over three years, its recent performance suggests challenges in growth, as indicated by a flat PAT and declining net sales. The lack of investment from domestic mutual funds may reflect a lack of confidence in the stock's current valuation or business outlook, further impacting its price movement. Overall, the combination of declining profits, reduced investor participation, and underperformance relative to the sector has contributed to the stock's downward trend.