Why is Haldyn Glass falling/rising?

As of 31-Jul, Haldyn Glass Ltd's stock price is currently at 140.30, reflecting a decrease of 1.9, or 1.34%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 4.07%. Additionally, the stock's performance today underperformed its sector by 0.71%. Over the past week, it has seen a significant drop of 7.09%, while its one-month return is notably positive at 24.93%. However, despite this recent uptick, the stock has faced challenges, including a 23.4% decline in profits over the past year, which may be contributing to investor caution. The low delivery volume, which has decreased by 64.33% compared to the five-day average, suggests falling investor participation, further impacting the stock's price movement.
In the broader market context, the Sensex has experienced a decline of 1.22% over the past week, indicating a challenging environment for stocks in general. While Haldyn Glass has outperformed the benchmark over the last three years, its recent performance contrasts sharply with the benchmark's positive year-to-date return of 3.90%. The company's ability to service debt remains strong, with a low Debt to EBITDA ratio, and it trades at a discount compared to peers, which could attract long-term investors. However, the lack of domestic mutual fund investment may signal a lack of confidence in the stock's future growth potential, particularly given its flat results and poor long-term growth metrics.