Why is Haldyn Glass falling/rising?

As of 20-Aug, Haldyn Glass Ltd's stock price is currently at 115.20, reflecting an increase of 1.55 (1.36%). The stock has shown a positive trend recently, gaining for the last two days with a total return of 5.45%. It outperformed its sector by 1.55% today and reached an intraday high of Rs 119, marking a rise of 4.71%. Despite this recent uptick, the stock has experienced a decline of 11.72% over the past week and 12.43% over the past month. The company showcases a strong ability to service debt, evidenced by a low Debt to EBITDA ratio of 1.12 times, and has demonstrated healthy long-term growth with an annual operating profit growth rate of 48.79%. However, the stock has generated a negative return of -7.40% over the past year, coinciding with a 6.9% decline in profits, which may raise concerns among investors.
In the broader market context, Haldyn Glass's recent performance contrasts sharply with the Sensex, which has gained 1.64% over the past week and 0.12% over the past month. This underperformance relative to the benchmark may indicate investor caution, particularly given that domestic mutual funds hold no stake in the company, suggesting a lack of confidence in its valuation or business prospects. The stock's liquidity appears adequate, with a delivery volume increase of 7.67% against the five-day average, but the overall sentiment remains cautious due to the company's recent profit declines and the absence of institutional investment support.