Why is Hercules Hoists falling/rising?

As of 05-Aug, Hercules Hoists Ltd is experiencing a decline in its stock price, currently at Rs 168.50, which reflects a decrease of Rs 1.0 or 0.59%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total drop of 6.39% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has also underperformed its sector by 1.09%. Despite a significant increase in delivery volume by 98.99% against the 5-day average, the overall sentiment remains negative, as evidenced by its substantial year-to-date decline of 23.04% compared to the Sensex's gain of 3.29%.
In the broader market context, Hercules Hoists has underperformed relative to the Sensex, particularly in the short term, with a 1-week return of -6.00% compared to the benchmark's -0.77%. This trend of underperformance is consistent with its longer-term returns, where it has fallen 71.89% over the past year while the Sensex has increased by 2.48%. The stock's liquidity remains adequate for trading, but the persistent downward movement suggests a lack of investor confidence in the company's prospects at this time.