Why is Hathway Cable falling/rising?

As of 08-Jul, Hathway Cable & Datacom Ltd's stock price is currently at 15.96, reflecting a decrease of 0.03, or 0.19%. The stock has underperformed its sector today by 0.92%, despite a notable increase in delivery volume, which rose by 37.82% compared to the 5-day average. Over the past week, the stock has declined by 0.44%, while it has shown a modest gain of 2.57% over the past month. However, the longer-term performance is concerning, with a significant drop of 30.67% over the past year, and a negative compound annual growth rate (CAGR) of -40.53% in operating profits over the last five years. The company's weak fundamentals, highlighted by a poor EBIT to Interest ratio and low return on equity, contribute to its classification as a strong sell, indicating challenges in profitability and debt servicing.
In the broader market context, the stock's performance contrasts sharply with the benchmark, as the Sensex has gained 1.85% over the past month and 7.13% year-to-date. This disparity is further emphasized by the stock's negative return of 30.67% over the past year, while the market has generated a positive return of 1.98%. Additionally, the decline in institutional investor participation, with a 1.37% reduction in their stake, suggests a lack of confidence in the company's future prospects compared to the overall market. This combination of underperformance and declining institutional interest indicates a challenging environment for Hathway Cable, contributing to its current price decline.