Why is Hardcast.& Waud falling/rising?

As of 22-Sep, Hardcastle & Waud Mfg Co Ltd's stock price is flat at 781.00, with no change (0.00%). The stock has shown mixed performance over various periods, with a slight increase of 0.26% over the past week and a more substantial gain of 4.27% over the last month. However, it has significantly underperformed over the longer term, with a year-to-date decline of 11.85% and a one-year drop of 27.28%. Today's price summary indicates that the stock is performing in line with its sector, but it is experiencing falling investor participation, as evidenced by a 68.55% decrease in delivery volume compared to the five-day average. Additionally, the stock is trading above its shorter-term moving averages but below its 200-day moving average, reflecting a lack of strong upward momentum. The company's weak long-term fundamentals, characterized by an average Return on Equity (ROE) of 2.90% and poor growth metrics, contribute to its challenging position in the market.
In the broader market context, the stock's recent performance is slightly lagging behind the benchmark, with the Sensex showing a 0.46% increase over the past week compared to the stock's 0.26% gain. Despite the overall market generating negative returns of -3.80% over the past year, Hardcastle & Waud's decline of 27.28% indicates a significant underperformance relative to its peers. The company's financial health is further questioned due to its low cash reserves and high valuation compared to peers, which may deter potential investors. Overall, the combination of weak fundamentals, declining investor interest, and underperformance relative to the market suggests that the stock is facing considerable challenges.