Why is Haz.Multi Proj. falling/rising?

As of 25-Jul, Hazoor Multi Projects Ltd is experiencing a decline in its stock price, currently at Rs 39.84, reflecting a decrease of 2.77 (-6.5%). The stock has been underperforming, having fallen consecutively for the last seven days, resulting in a total decline of 14.05% during this period. Today's trading saw the stock reach an intraday low of Rs 39.51, with a weighted average price indicating that more volume was traded closer to this low. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, and there has been a significant drop in investor participation, with delivery volume decreasing by 54.08% compared to the 5-day average. While the stock generated an 8.72% return over the past year, it has faced challenges, including a 37% decline in profits and a negative growth rate in operating profit over the last five years.
In the broader market context, Hazoor Multi Projects Ltd has underperformed the Sensex, with a 1-week return of -11.47% compared to the benchmark's -0.36%. This stark contrast highlights the stock's struggles relative to the overall market. Despite having high institutional holdings at 20.98% and a strong ability to service debt, the company has reported negative results for the last six consecutive quarters, contributing to its poor long-term growth outlook. The combination of declining sales, low return on capital employed, and a significant drop in operating profit suggests that investor confidence is waning, leading to the stock's recent downward trajectory.