Why is Hathway Cable falling/rising?

As of 10-Jul, Hathway Cable & Datacom Ltd's stock price is currently at 15.60, reflecting a decrease of 0.27, or 1.7%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 2.44% during this period. In terms of returns, the stock has decreased by 2.26% over the past week and 2.50% over the past month, while it has significantly underperformed the market over the past year with a return of -32.35% compared to the Sensex's gain of 4.09%. The company's recent financial performance shows some positive results, such as a 45.22% growth in profit before tax and record net sales; however, these are overshadowed by weak long-term fundamentals, including a -40.53% CAGR growth in operating profits over the last five years and a poor EBIT to interest ratio of -7.96, indicating challenges in servicing debt.
Broader market context reveals that the stock has not only underperformed the market over the last year but also shows a declining trend in investor participation, with institutional investors reducing their stakes by 1.37% in the previous quarter. This lack of confidence from institutional investors, who typically have better resources to analyze company fundamentals, contributes to the stock's downward pressure. Additionally, while the broader market has generated positive returns, Hathway's significant negative return highlights its struggles in attracting investor interest and maintaining a competitive position in the market.