Why is HFCL falling/rising?

As of 30-Jun, HFCL Ltd is currently priced at 86.66, reflecting a decrease of 0.28, or 0.32%. The stock has been underperforming, having lost 0.97% over the last two days and showing a performance today that is 2.8% lower than its sector. In terms of returns, the stock has experienced a decline of 0.96% over the past month and a significant drop of 23.45% over the past year, while the company has reported negative results for the last two consecutive quarters, including a 39.62% fall in net sales. Additionally, the company's operating profit has decreased at an annual rate of 5.35% over the last five years, and it has a low return on capital employed (ROCE) of 6.9, indicating poor long-term growth prospects. The high proportion of pledged promoter shares, which has increased by 2.11% over the last quarter, adds further downward pressure on the stock price.
In the broader market context, HFCL's short-term return of 5.97% over the past week contrasts sharply with the Sensex's gain of 2.09%, indicating some recent positive momentum despite the overall negative trend. However, the stock's year-to-date performance shows a stark decline of 23.28%, while the Sensex has risen by 7.00% during the same period. This underperformance in both the short and long term, combined with falling investor participation and liquidity issues, suggests that HFCL is struggling to attract investor confidence amidst a challenging financial landscape.