Why is Hathway Cable falling/rising?

As of 24-Jul, Hathway Cable & Datacom Ltd's stock price is currently at 15.63, reflecting a decrease of 0.06 or 0.38%. The stock has shown a mixed performance recently, with a 5.56% decline over the past week, while it has gained 2.96% over the last month. However, it has significantly underperformed over the longer term, with a year-to-date decline of 0.64% and a staggering 31.51% drop over the past year. Today's trading activity indicates a performance that has outperformed its sector by 0.35%, but the delivery volume has fallen sharply by 64.02% compared to the 5-day average, suggesting a decrease in investor participation. Positive financial results reported for June, including a 50.92% growth in profit before tax and a 63.8% increase in profit after tax, have been overshadowed by long-term concerns, including a weak CAGR growth in operating profits and a low return on equity.
In the broader market context, Hathway's recent performance contrasts with the benchmark, as the Sensex has only declined by 0.09% over the past week while the stock has dropped more significantly. Although institutional investors have increased their stake in the company, indicating some confidence in its potential, the overall sentiment remains cautious due to the company's weak long-term fundamentals and high valuation metrics. The stock's poor ability to service its debt and low profitability per unit of shareholders' funds further contribute to the negative outlook, leading to its underperformance compared to the market, which has generated a return of 0.99% over the past year.