Why is Hemo Organic falling/rising?

As of 04-Jul, Hemo Organic Ltd's stock price is currently at 10.10, reflecting a decrease of 0.06 or 0.59%. The stock has been underperforming, having lost 5.52% over the last two days and is trading below all its moving averages, indicating a bearish trend. Additionally, the stock has shown a significant decline in performance over various periods, with a year-to-date drop of 18.94% and a staggering 76.09% decline over the past three years. Despite some positive quarterly results, including the highest PBDIT and PAT figures, the company faces challenges such as a negative book value, high debt levels, and a weak long-term growth outlook, which contribute to its recent price decline.
In the broader market context, Hemo Organic's short-term performance has been notably worse than the benchmark, with a 10.22% decline over the past week compared to a slight drop of 0.74% in the Sensex. This consistent underperformance against the benchmark over the last three years further highlights the stock's struggles. The significant fall in delivery volume, which decreased by 85.81% against the five-day average, suggests waning investor interest, further exacerbating the stock's downward trajectory. Overall, the combination of poor performance metrics, high debt, and negative investor sentiment has led to Hemo Organic's current price decline.